How Do I Set Up A Cashier'S Journal?

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 page of cash journal and bank deposit journal generally adopts three column (table), that is, debtor, credit and balance three columns, reflecting cash or bank deposit and income, payment and balance separately, and setting up the column of "other subjects" behind the "summary" column.

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, several columns are set according to the subjects of the other side.

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

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.