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Basmtak Books

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Banking and cash

Add a bank account or cash box

Every bank or cash account in your chart appears on the Banking page by itself. Here is how to add a new one and complete its details.

3 min Read
Banking and cash

Import a bank statement

Upload the file you downloaded from your bank and check what was read before a single line is added.

4 min Read
Banking and cash

Bank rules for lines that repeat

Teach Books that «charges» means bank charges, and it prepares the account and VAT on every line that repeats.

3 min Read
Banking and cash

Match bank lines to your books

Every line on the bank statement has an entry behind it. Match it to an existing one, create the entry from the line, and deal with differences.

5 min Read
Banking and cash

Reconcile your bank account

Prove that the bank statement agrees with your books at month end, then close the reconciliation to freeze those lines.

5 min Read
Banking and cash

Payment and receipt vouchers without an invoice

Record rent, fees, drawings or other income straight from a bank or cash account, and print the voucher with signature lines.

4 min Read
Banking and cash

Transfer between your accounts

Move money from one bank to another, or deposit cash from the box into the bank, with one entry and no expense or income.

2 min Read
Banking and cash

Post-dated cheques

Follow every cheque from the day you receive it until it clears or bounces, with the right entry at each stage.

5 min Read
Banking and cash

Petty cash

A cash box with a set limit held by an employee: spent against receipts, and topped back up to the limit in one step.

4 min Read
Banking and cash

Employee custody advances

Hand an employee money to spend for the business, settle it with their receipts and any cash returned, and see what they still hold.

4 min Read
Banking and cash

Card payouts from your payment processor

The customer paid by card but the money has not reached the bank. See what the processor is holding and post its transfer net of the fee.

4 min Read

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