Cash report for the day

In fact, almost all the reports and analyses in Torgsoft are designed for financial and management accounting, and exclusively for the business owner. For reporting to the tax authorities on the results of sales for the day is a z-report.

Internal Management Accounting: Cash Report for the Day

What is a cash report for the day?

A cash report for the day is a document with the results of all financial transactions in the store's cash register for the day. It includes all cash receipts and expenditures during the working day.

As a sample, a cash register report for the day usually contains the following information:

• Initial cash balance on hand at the beginning of the day.

• Cash receipts in the cash register for the day.

• Expenses of cash from the cash register for the day — expenses, returns.

• Final balance of cash in hand at the end of the day.

• Sums of all non-cash transactions and operations during the day.

• The total of revenues in national currency.

• Accounting proceeds — the amount of money that was transferred from other cash registers of the same accounting center or other accounting centers by delivery of proceeds.

• And also additional information: the number of the financial document, the reason for payment — comment, financial analysis article, which groups financial transactions by purpose; who exactly made purchases — the name of the buyer, if he provided a discount card or was selected by the seller from the list.

The cash register report for the day is one of the most important and frequently used management and accounting reports. It is used to monitor sales totals, company expenses.

How to see a report on the cash register for the day in the accounting program Torgsoft?

To view the amount of money for the day, go to Torgsoft → Report → Cash Report for the day. 

Specify the date for which you want to view the information. You can also select a specific cash register for which you would like to create a report.

You can print the cash report for the day.

Furthermore, you can also view this report from the menu Document → Sales → Cash Report for the day.

Cash report for the month

In Torgsoft you can view the flow of money for any period: month, year or chosen at random. You can do this Torgsoft → Payment → Financial document → Print document list.

In the report — date and time of the cash transaction, the amount of income or expenditure, currency, counterparty, comment, balance for the selected period.

Financial accounting for a month or longer period helps a business owner better understand how cash and non-cash funds are used, whether all expenses go to their intended purpose and to those counterparties you know.

It's a point-by-point control for salespeople, managers, managers and accountants.

A cash and account report helps you make good management decisions based on actual income and expense data. It is useful for evaluating the effectiveness of cash management and identifying errors and inconsistencies in cash transactions.