Cashbook

Product Overview

The TABS Cashbook Module is part of the TABS General Accounts system, which consists of the following modules:
• General Ledger
• Debtors Ledger (Accounts Receivable)
• Creditors Ledger (Accounts Payable)
• Cashbook

The system is truly online, with all updating performed on completion of each transaction, eliminating the need for any end of day processing.

Software Features

• The TABS Cashbook will control all cash transactions within an organisation.
• This module will support multiple bank accounts, with formal bank reconciliation facilities.
• Cashbook Receipts and Payments may be processed to Debtors and Creditors accounts respectively. Direct receipt/payment transactions are processed into the TABS General Ledger.
• GST calculations are performed and GST transactions written (where applicable).
• An automatic payment process will enable supplier invoices to be selected (based on pre-set payment terms). Payments may be made via cheque or Electronic Fund Transfer (EFT).
• Bank Reconciliation facilities will compare the TABS Cashbook to the physical bank statement and optionally to the TABS General Ledger. This three-way reconciliation will provide an important check on the integrity of the entire system.
• Utilising transaction tracing, accrual based accounts may be converted or analyzed in purely cash terms.

Standard Reporting Available

Reports available from the TABS Cashbook include:
• Cashbook Transactions
• Creditor Cheques
• Bank Deposit Slips
• Bank Statement
• Selected Purchases for Payment
• Bank Reconciliation
• Confirmed Payments List
• Cash Analysis Report