Bank Feeds
Open Banking - Part 1 - Getting CDR Ready in Cashbook Platinum
Are you CDR Ready? Nominated representative setup: Before connecting any new bank account via CDR, please review the information on CDRReady https://cdrready.com.au/ Under the Consumer Data Right (CDR) Open Banking, some banks require businesses and ...
Open Banking - Part 2 - Setting up bank feeds in Cashbook Platinum using Open Banking
Setting up Bank Feeds for Open Banking in Cashbook Note - you will need an active ABN number to activate bank feeds via Open Banking #1 - In Cashbook, open your Chart of Accounts and go to Banks #2 - Select and open the bank(s) you are adding to Bank ...
What to do if a window opens off-screen and you can’t access it
Sometimes a pop-up window will open off-screen and you are unable to proceed as the open window must be closed in order to proceed. There are several options for recovering the screen, depending on whether your computer is running Windows 10 or ...
STP Setup Errors - Platinum
Platinum clients sometimes are getting company setup errors when going to STP. Advice is that company information is missing, even though it is already there. Solution is to do a full backup of the database, then create a new database and restore. ...
Void / Cancel a cheque
Does the Cheque Form Part of a Bank Reconciliation? A. If the cheque transaction does NOT form part of a previously recorded bank reconciliation: Highlight the required cheque transaction in Cashbook. Click the Void button. Click Yes to confirm. A ...
Deleting Old Invoices
Deleting Old Invoices You will need to know what accounting basis you are working on, Cash or Accrual. If you are working on an Accrual accounting basis: If the invoice is dated in a previous BAS period, create a new invoice as a credit note (using ...
Network Installation - Platinum
Pre-installation Notes Running Cashbook Platinum on a server requires the use of the Advantage Database Server if it will be run on any type of remote-style connection, such as Remote Desktop, Terminal Server, Citrix Server, etc. If Cashbook Platinum ...
Reversing incorrectly allocated GST
Reversing Incorrectly Allocated GST Please contact your Accountant before making any adjustments To correct a transaction with incorrectly attributed GST, in a previous BAS period: Step 1: Find the Transaction Find the transaction from the previous ...
Transaction reference numbers
Transaction reference numbers Adding a transaction but Cashbook won't generate a new reference number. The Cashbook program is designed so reference numbering occurs sequentially, from the last transaction entered. E.g. If the last transaction was ...
GST-Free and Non-Reportable
Non-reportable i.e. GST Category 10. Non-reportable Payments and 11. Non-reportable Receipts These GST categories are used for items that are excluded from the GST system and therefore not reported on the BAS in the GST section. There are only ...
Add Transactions - using the Gross Up Button
The Gross Up button effectively increases the net amount to include deductions, such as taxes, that would be incurred by the receiver. The Gross Up button is most commonly used when recording stock purchases or sales or fibre sales from a Tax ...
Adding a Cheque Number
To Add a Cheque Number: Click on Cashbook toolbar icon Click Add In the Add Transactions window, enter the transaction details The cheque number is entered in the Reference text box Click OK to save the transaction For example: Note: After ...
Transfer Funds Between Bank Accounts
The Transfer to option is used to record funds transfers between bank accounts. Both accounts must be set up in Cashbook to use this feature. To Transfer Money Between Accounts Step 1: Select Bank Click the Cashbook toolbar icon Click on the Selected ...
Add Bank Transaction
Add Bank Transaction Step 1: Cashbook Click on the Cashbook toolbar icon in the top left corner of the screen Step 2: Add, Edit or Delete This function provides the facility to easily Add, Edit or Delete bank account transaction in Cashbook Upon ...
Recording initial loan receivable transaction and loan repayments
Recording Initial Loan Receivable Transaction and Loan Repayments Loan Receivable is when someone owes your company. Loan Payable is when your company owes someone. Loan Receivable is an asset account type. To set up all related Loans Receivable ...
Sort/select accounts by Account Description or Account Code
Sort/Select Accounts by Account Description or Account Code Some users find it easier to allocate an account to a dissection by typing in the account description rather than remembering an account code. For example: Selecting an account by typing in ...
Recording EFT transactions
Recording EFT Transactions To record a transaction that can subsequently be processed as EFT, follow the steps below: Before you can process an EFT transaction, make sure you have: Entered Your bank account/EFT Details in Cashbook. Click on the ...
Filtering transactions in the cashbook listing
Filtering Transactions in the Cashbook Listing Hint: Before beginning ensure that you are are in the right accounting year via the File/Accounting Year menu option Step 1: Cashbook Click on the Cashbook button on the toolbar Step 2: Select Bank ...
Printing Cheques
Printing Cheques Cashbook provides a method of printing cheque payments in batches on pre-printed stationery. Transactions for which a cheque is required must be marked as such by ticking the Print Cheque Later checkbox in the transaction entry ...
Attach documents to a transaction
Attach Documents to a Transaction Cashbook allows the user to store and save all tax invoices and receipts to the specific accounting transaction that they relate to. The same can also be done with saved scanned documents. The user can attach a ...
Downloading / Installing Cashbook - Platinum
IMPORTANT: We recommend that you close any Practical Systems software that you currently have open. Step 1. Open the internet search engine Go to the Practical Systems website via your web browser; or click on the following link: Practical Systems ...