4 ready-to-use Types of Cash Book Templates in Excel, Google Sheets, and Open Office Calc format to record routine cash transactions of a company regularly.

Enter the transaction on the debit or credit side and it will automatically calculate the cash on hand for you.

These templates can be helpful for accounting professionals like accountants, accounts assistants, small business owners, etc.

What is a Cash Book?

Cash Book records of cash transactions done in a company on a day to day or regular basis. Cash Book is just like a ledger account. There is no need to open a separate cash account in the ledger.

It is a subsidiary ledger that records all kind cash receipts and cash payments including bank deposits and withdrawals. At the end of the month, the accountant posts these transactions to the general ledger.

The best-known practice of business is to weekly compare the bank related transaction with the bank statement or perform a bank reconciliation to avoid mismatch of balances. You can use our Bank Reconciliation Statement Excel Template for this purpose.

In big companies where there are high volumes of cash transactions, the cash book is subdivided into two different journals. One is the receipt Journal and the other is the disbursement journal.

In a smaller business as there are fewer transactions, such businesses maintain all the cash transactions a single cash book.

The records fed in the cash book are always in chronological order. This helps us to easily reconcile the cash balances when required.

Record all the receipts cash on the debit side and all payments and expenses on the credit side of the cash book.

Main Features of a Cash Book

  • Cash Book records only Cash & Bank transactions.
  • It records transactions in chronological order.
  • The cash column cannot have a credit balance.
  • It is a subsidiary as well as a principal book of accounting.

Types of Cash Book

There are 4 types of Cash Book.

Single Column Cash Book

Single Column cash book is a document which records inward and outward cash transaction of a business without any discounts or tax. It consists of 2 sides; debit and credit. It is also known as a simple cash book.

Double Column Cash Book (Discounts)

Some businesses have to provide discounts during their cash transactions. Thus, these type of businesses maintains Cash Book with Discounts. It consists of an additional column for discounts received or paid.

Double Column Cash Book (Tax)

Similar to the simple cash book, it also consists of a debit and credit side along with an extra column for tax. This can be either GST (Goods and Service Tax) or VAT (Value Added Tax). If there is any other tax applicable in your area, you can insert it according to your needs.

Triple Column Cash Book (Discounts and Tax)

Cash Book with Discounts and VAT is for those whose daily cash transactions include giving/taking of discounts and also collecting or paying taxes. This type of book consists of additional columns for Discounts and Tax.

Download Cash Book Templates

We have created ready-to-use excel templates with predefined formulas for each type of Cash Book. Let us understand the content o each template in detail.

Furthermore, all these templates are available in 3 file formats – Excel, Google Sheets, and Open Office Calc. Click on the icon button to download the desired format. The functioning and formulation are the same in all three formats.

Lets us discuss each template in brief.

Simple Cash Book Template

We have created a ready-to-use Simple Cash Book Template which helps you to easily record and reconcile your cash transactions.

Excel Google Sheets Open Office Calc

Click here to Download All Accounting Excel Templates for ₹299.

Important Note: To edit and customize the Google Sheet, save the file on your Google Drive by using the “Make a Copy” option from the File menu.

Contents of Simple Cash Book Template

The first row is for the company name and second for the title of the template. The Cash on Hand balance amount is displayed on the right-hand side.

The formula applied here is the total of Debit/Inward –  the total of Credit/Outward; =(C21-F21).

There are 2 sides Debit and Credit. Both sides consist of 3 columns each: Date, Particulars, and Amount.

To record a transaction, insert date, Particular, Amounts on Debit/Inward, or Credit/Outward side.

In the end, the total of the amount column for both; Debit and Credit side is given using the SUM Function.

Cash Book Template With Discount

We have created a ready-to-use Cash Book With Discount Template which helps you chronologically easily record and reconcile cash transactions with discounts.

Excel Google Sheets Open Office Calc

Contents of Cash Book Template With Discount

It consists of 3 sections:

  1. Header Section
  2. Summary Section
  3. Data Entry Section

The header section consists of Company name, template title, and logo.

Enter the opening balance manually. The summary section consists of a summary of the total transactions. It will display the opening balance, current income after deducting discounts, current expenditure amount after the discounts.

It will also display the amounts of discounts received and discounts given on total transactions.

The data entry section has 2 sides, debit, and credit. Both the sides consist of the following 5 columns:

Date
Item
Amount Received/Paid
Discount Received/Given
Total Amount

The last line consists of totals of the amount and a discount column for ready reference. These amounts also reflect in the summary section.

Cash Book Template With Tax (VAT/GST/Sales Tax)

We have created a ready-to-use Cash Book with VAT calculations. With this Cash Book Template, you can efficiently and easily record the daily transactions with VAT. Furthermore, it generates transaction wise and tax percentage-wise reports in a few clicks.

Excel Google Sheets Open Office Calc

A value-added tax (VAT) is a type of general consumption tax that is collected incrementally, based on the value-added, at each stage of production. In some countries, it is known as goods and services tax.

The VAT  is ultimately paid by the end consumer. Dealers collect VAT on their sales, retain the tax paid on their purchases. Thus, the difference between the VAT received and VAT paid is calculated. The balance of VAT is paid to the Government.

Content of Cash Book Template With VAT/GST/Sales Tax

This template consists of two sections:

  1. Header Section and
  2. Data Input Section

In the Header section, the first row consists of the Heading of Book Cash Book (VAT), and the second-row consists of the Current Month.

The summary includes Opening Balance, Income, Expenditures, Current Balance, VAT received, VAT Paid, and the difference of VAT. Thus, all the above computations are linked to the cell showing totals of the respective head in the table.

This section has 2 parts; incomes and expenditures. Both have the same columns with similar headings and formulas.

It contains the serial number, date, item, VAT %, VAT Amount, Net Amount, and Gross Amount. You need input date, item, VAT %, and the Gross amount paid or received. VAT Amount and Net Paid or received is calculated automatically.

Note: The formula applied for Net Amount is =Table2[[#This Row],[Gross]]*100/104. The simple unitary method of Mathematics is applied.

If you change the VAT % then u need to change the last part of the formula. The last part of the formula is (100+Vat %). So if your VAT % is 5 or 7 then the last number changes from 104 to 105 or 107 respectively.

All the subheadings in the data input section are created with a table. Thus, it allows you to generate a VAT % wise, date wise, etc query/report as required.

You need to simply click on the drop-down button in a subheading and select the criteria of the report.

Cash Book Template With Discount and Tax

We have created a ready-to-use Cash Book With Discount and Tax which helps you to record your inward and outward transaction with discounts and taxes.

Excel Google Sheets Open Office Calc

Contents of Cash Book Template With Discount and Tax

Similar to Cash Book with Discount Template, this template also consists of 3 sections:

  1. Header
  2. Summary
  3. Data Entry

The header section consists of the company name, logo, and title of the template.

Similar to Cash Book With Discounts, you need to enter the opening balance manually. This section consists of the totals of the following amounts:

Income
Expenditure
Current Cash Balance
VAT Received
VAT Paid
Difference
Discount Received
Discount Given

The data entry section consists of the 2 main sections; Income and Expenditure. Both section consist of the following columns for entering transactions:

Date
Item
Receipt/Payment
Discount Received/Paid
Gross Amount
VAT/GST %
VAT/GST Amount
Total Amount

Lastly, a columnar total of each head is given in the last row.

Advantages of A Cash Book

  • Maintaining a cash book is a reliable and proven method of recording all cash transactions.
  • You can set up the triple column cash books that it identifies the amounts of GST/VAT/Sales tax in separate columns so that you can account for them and report to the respective tax department.
  • A properly maintained cash book helps you to keep an eye on your daily cash flow.
  • It helps to analyze the breakdown of income and expenses.

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If you have any queries please share in the comment section below. We will be more than happy to assist you.

Frequently Asked Questions

What is the main cash book?

The main cash book is a type of a general ledger that records all cash transactions during a period are recorded.

Are capital drawings a cash book item?

No, it is not recorded in Cash Book.

Is Cash Book a real account?

Yes, Cash Book is a real account that that records the cash receipts and cash payments of a business for the particular accounting year.

What is LF in the cash book?

LF stands for the ledger folio number. Generally, folios are reference numbers for dividing books into several parts.

What is a 3 column cash book?

The triple column cash book consists of three amount columns on the debit and credit side of the cash book. It includes cash, discount, and bank amounts.

How is the cash book balance calculated?

Formula to calculate Cash Book Balance is Cash Balance = Opening Balance + Receipts – Withdrawals

Shabbir Bhimani

I have worked in Excel and like to share functional excel templates at ExcelDataPro.

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Shabbir Bhimani

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