The cashbook will be opened at the latest transaction date for the account selected, ready to accept a new entry. If you have more than one bank account, select the account to view by clicking on the account drop down box at the top of the form. The bank statement balance is the bank balance from your last bank statement provided the data has been correctly entered. The cashbook balance is the hypothetical bank balance if all cheques and deposits are presented to the bank. The cashbook balance will help you prevent bouncing any cheques, because you will know exactly how much money you have available.
Date Enter the date of the transaction.
As a suggestion, it may be easier to reconcile with bank statements if the same bank reference on the bank statements are used. Notes Notes is used for entering miscellaneous information that you may want to record for a particular transaction. You can press F2 or double click on the notes box to zoom into it. The INV, On and For boxes give extra invoice details for a particular line. You can only attach invoices to transactions that are assigned as income.