Every transaction entered in the Cash Schedule becomes a valid financial transaction with debit and credit codes involved for ioCash to create an export batch to update your acoounting system without the need to recapture any information.


There is no need to import the entire account code set from your accounting system - you only need to input account codes that will be used regularly for cash transactions.


       


NOTE: In addition to General Ledger transactions ioCash also permits transactions in volving Debtors (Customers) and Creditors (Suppliers) as follows;

    • Cash payments made to you by If your Debtors (different from cash sales not posted to a Debtor account)
    • Cash payments made by you to your Creditors (different from cash purchases not posted to a Creditor account)


These transactions differ from over the counter cash sales or cash transactions captured on a cash register as well as cash purchases made at outlets and suppliers where you have no account facilities.