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.
Table of Contents
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.
There are 4 types of 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.
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.
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.
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.
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.
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.
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.
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
It consists of 3 sections:
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.
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.
This template consists of two sections:
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.
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
Similar to Cash Book with Discount Template, this template also consists of 3 sections:
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.
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The main cash book is a type of a general ledger that records all cash transactions during a period are recorded.
No, it is not recorded in Cash Book.
Yes, Cash Book is a real account that that records the cash receipts and cash payments of a business for the particular accounting year.
LF stands for the ledger folio number. Generally, folios are reference numbers for dividing books into several parts.
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.
Formula to calculate Cash Book Balance is Cash Balance = Opening Balance + Receipts – Withdrawals
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