Recording Cash Transactions Using Checks

In NetSuite, record detailed cash transactions that you don't enter as bills on the Write Checks page.

For example, while serving at a party Christy's Catering runs out of soda. The owner must immediately purchase more soda with cash and bring it back to the party. Because this cost is for a project, Christy's Catering can record the cash transaction using Write Checks and capture the expense without creating a vendor bill first.

To record a cash transaction:

  1. Go to Transactions > Bank > Write Checks.

  2. On the Check page, select the ledger account to record the cash expense.

  3. Enter the name of the payee who received cash.

  4. In the Check # field, type CASH.

    You can also include a tracking number.

  5. Enter the amount spent.

  6. On the Expenses & Items subtab, enter line items for the expenses or items for this cash transaction.

    For example, on the Expenses subtab, you can select a Beverage expense account, enter the customer, and select Billable to charge the expense to your customer.

  7. Click Save.

To view the transaction, go to Transactions > Bank > Write Checks > List. Click View next to the item you created.

Related Topics

General Notices