Receipts

Use the Receipts program to enter, update, and track cash receipts and checkbook balances. Cash receipts typically include payments of premiums by customers or commission payments received from companies. Any revenue that represents a deposit into or an adjustment to a bank account is entered as a cash receipt.

Note: Cash journals are specialized asset accounts in which cash receipts or disbursements are recorded. Not all asset accounts are treated as cash journals. The Operating Account is an example of an asset account installed as a cash journal. Cash journals are defined through Utility Manager.

The options available can be used to enter, update, view, and void cash receipts. A special option is provided to transfer funds between cash accounts. An option is provided to record an Activity File entry and print a receipt when a client brings in a cash payment.

To access Receipts from Home Base, click Accounting, then Receipts.

The following tasks are performed through Receipts.

• Enter Cash Receipts: Enter cash receipts and track checkbook balances. Cash receipts typically include payments of premiums by customers or commission payments received from companies. Any revenue that represents a deposit into a bank account is entered as a cash receipt.
• Update Cash Receipts: Correct any errors on or add items to a deposit filed in the current accounting month.
• View a Cash Receipt: Display cash deposits, list receipts by deposits, and view existing attached accounting notes.
• Transfer of Funds: Move money from one cash account to another.
• Void a Deposit (NSF): Void previously entered deposits returned by the bank for insufficient funds or inadvertently recorded.
• Print Receipt for Cash: Print a receipt for a cash payment delivered by a client to the agency. You can also file an Activity file entry as a record of that receipt.