What the cash and bank reports in Quikpair show

Where the money went, day by day and account by account.

Steps

1. Day Book is everything that happened on one day, in order.

   

2. Cash Book is the cash ledger, filterable to one cash account.
3. Bank Book is the same for bank accounts.
4. Cash Flow shows money in against money out over a period.
5. Profit & Loss puts income against expenses to give the figure the business actually made.

   

6. Outstanding lists what is owed to you and by you.

Good to know

• Day Book is the report to open when the till does not match: it lists every movement for that day.
• Profit & Loss counts a repair from its delivery date, which is why marking jobs Delivered matters.