How to manage reconciliation when customer invoices are paid cash and money is deposited at the bank afterwards

Question

Viviana Piccolo (vpo) · Accepted Answer

*1) Invoice generated and paid by cash by the client*
Post customer invoice
Register payment on Cash Journal Create a cash statement on Cas journal and reconcile it with payment  *2) Deposit of the money on the bank account*
Create an internal transfer from Cash journal to Bank journal
Create a cash statement (negative amount since the amount is took out) on Cash journal &* reconcile it with the internal transfer*
Create a bank statement on the journal Bank *& reconcile with transfer *

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