accounts receivable

Cash Receipts Journal

Last Revised: 09/17/13

Cash Receipts Journal is used as a listing of orders applied against open invoices. The information is listed alphabetically by customer or sequentially depending on what is chosen by the operator. The operator can review the journal for any mistakes before proceeding to update the cash receipts.

The listing displays:

• the sequence number
• the customer number and name
• the check number
• the date received
• the cash received
• the line number
• the type
• the invoice number
• the date
• discounts (where applicable)
• the total amount

After printing out the listing, the operator can utilize the Cash Receipts Update application. The information displayed in this journal will be posted upon updating. After updating, the journal will be cleared, so the operator may want to print out and keep a record of this information. The journals are numbered sequentially for these purposes.