The cash book is one of the most important accounting books for corporate bookkeeping. In the form of a simple document, often an Excel spreadsheet, the cash book is used to record a company’s cash payments. After all, if the annual financial statements are due at the end of the fiscal year, the IRS doesn’t only want to see the transactions done via debit or credit, but also a list of all cash transactions.
Keeping a cash book helps ensure that this list is complete. Corresponding templates are a great help. The advantage of a digital cash book format using an Excel spreadsheet: It’s quick, clear, and the entered amounts are automatically offset against each other. In this way, digital cash book templates offer a direct overview of the financial situation of a company and spare the need for time-consuming calculations – where errors can easily creep in.
A cash book template also has advantages for all self-employed individuals – regardless of whether you’re obligated to keep a cash book or not. Simply download the corresponding blank cash book template online. In the following, you’ll find a template for your cash book as well as all important information about how to fill it out correctly. But first of all, we explain who is actually involved in keeping a cash book.