Skip to main content
February 26, 2020
Question

Hi I am new to this and want a really simple, step by step process of what I actually do when I take a cash payment please? Regards Lisa

  • February 26, 2020
  • 1 reply
  • 0 views
Original commenter did not share additional details

1 reply

February 26, 2020

I'm here to help you record cash payments the easy way, lisawhennell.

 

It looks like that we received payments or paid expenses to our clients immediately through cash. Here are the easy steps on how to record them within QuickBooks. 

 

Received Cash Payment from Customers

  1. Go to + New  and click Sales Receipt
  2. Enter the customer's name and date. 
  3. Under Payment Method, select Cash and for the Deposit to drop-down, click the correct affecting bank account
  4. Enter the items and amounts. 
  5. Click Save and close or Save and send

Paid Vendors through Cash 

  1. Still from the create button + New select Expense
  2. Select the vendor's name and the Payment account used. 
  3. Enter the Payment date and use Cash as the Payment method
  4. Record the rest of the details and then Save and close or Save and send

I also added a few articles that we can use when recording customer and vendor payments. 

 

I'll be here if you need more help. Thanks!