How To Set Up A Cashier'S Journal

In order to strengthen

Cashier's journal is a special subsidiary ledger.

In order to strengthen the management and accounting of cash and bank deposits, units should normally set up cash journal and bank deposit journal to calculate and monitor the income, payment and balance of cash and bank deposits on a daily basis.

The account pages of cash journal and bank deposit journal generally use three columns, that is, debtor, credit and balance three columns, which reflect cash or bank deposit and income, payment and balance separately.

If the number of receipts and payments is large, in order to simplify the accounting procedure, and also to collect general ledger through cash journal and bank journal, there can be multiple columns, that is, in the two columns of income and payment, some columns are set according to the other subjects, that is, the columns in the income column are set according to the credit subjects, and the columns are arranged according to the debit subjects in the payment column.

After adopting multi column style, if there are more accounting subjects, the accounts will be too large. Cash journal accounts and cash (bank deposit) expense journals can also be distributed.

It must be noted that the cash journal and bank journal must be booklet.

No bank statements or other methods should be used to replace the journal.