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Starting a Cash book

Creating an accounting file, starting from an online template

Proceed as follows:

  1. File menu, New command
  2. Select Templates online
  3. Select the country, the language, the category and the accounting type
  4. From the list of the Templates online, select the template that is closest to your own needs.
  5. By clicking on the selected template, the program directly opens the file.

In the "Search" area, when entering a key word, the program displays the templates that contain the entered key word.

It is equally possible to start from a blank file, by activating the Create blank file option. In any case, in order to facilitate the start and avoid grouping errors, we recommend that you always start from an existing model.

More information on how to create a new file is available on the Create New File page.

Setting up the File properties

Set up your own data from the File and Accounting properties command and save with your own file name.

Save to disk

With the File-> Save As command, save the data and also assign an mome to the file. The typical save dialog of your operating system appears.

  • It is advisable to use the name of the company followed by the year  "Company-2018." to distinguish it from other accounting files.
    The program will add the "ac2" extension.
  • You can keep as much accounting as you need, each will have its own name.
  • You can choose the folder you want, (for example, Documents -> Accounting) or any disk, usb or cloud.
    If you also expect to have documents linked to the current year's accounts, it is suggested that you create a separate directory for each accounting year having to group all the files.

Inserting the opening balance of the account

Enter the account you wish to manage in the Accounts table of the Cash book and the initial amount in the Opening column.N. Activating the Creating a new year ... command in the Account2 menu will automatically generate the opening balances to be carried forward.
Only one account can be entered at a time.

Customizing the Categories table

In the Categories table, customize the income and expense categories, according to your own needs. It is possible to:

  • change the category numbers
  • change the description
  • delete categories
  • add categories
  • insert subgroups
  • delete subgroups

All balances of the categories will determine the result of the accounting year (profit or loss) and must therefore not contain any balances.

Add new categories

If new categories need to be added in an already existing group, proceed as follows:

  • Insert an empty row (Edit menu, Insert rows ... command) before the Total of the Group 
  • Insert the number or sign for the category in the Category column
  • Insert the Description that identifies the category
  • Insert the identical Gr of the other categories belonging to the Group Total in the Gr column.

Add subgroups

To add new subgroups, proceed as follows:

  • Insert an empty row (Edit menu, Insert rows ... command) where wish to add a new subgroup
  • Insert a number or sign in the last empty row of the Group column (in our example 31 - Other income)
  • Insert the Description that identifies the new subgroup
  • Insert the Group Total number in the Gr column (in our example 3 - Total sales).

Delete categories or subgroups

Select the categories or subgroups you wish to delete and proceed in the Edit menu, Delete rows ... command to eliminate.

Transactions

In the Transactions table, income and expense transactions are entered, indicating the category to which the income or expense is attributed.

Speeding up the recording of the transactions

In order to speed up the recording of your transactions, you can use:

Transactions with VAT

In order to enter transactions with VAT please proceed as follows:

  • from the File menu, choose New command and choose Income /Expenses accounting - Cash book with VAT/Sales tax
  • Choose one of the existing templates for your nation.In order to enter transactions with VAT, please refer to the Transactions page.

The Category or Group card

The Category or Group card allows you to have a complete list of accounting entries relating to the same category or group. 

  • To open an category or group card you click once on the account number cell and then click once on the small blue arrow appearing in the upper right corner of the cell.
  • To open multiple category or group cards you must select the Account cards command from Account1 menu.
  • To update the category or group cards, following changes in the Transactions table, you must click on the two circular arrows symbol, located at the top right corner of the account card.

Account cards per period

To open an category cards with account balances at predefined dates, click on Account1 in the menu, Account/Category cards ... and click Period selected in the Period tab to insert your selected period.

Consult the Period page for further information.

Print the Category card

To print a Category card, open it from any table (Accounts or Transactions) and start printing from the File menu.

To print out several or all the Account/category cards, click Account1 menu, select Account/category cards and select the accounts/categories you wish to print. The filter in the window allows you to select automatic selection of all categories, cost centers, segments, groups etc ...

For further information refer to the Account Cards page.

Enhanced Statement

To view the Enhanced Statement and the Enhanced Statement with groups, choose the Account1 menu and then the Enhanced statement or Enhanced statement with groups command. You can also obtain statements by period.

Archive data in PDF format

At the end of the year, when the accounting is done, corrected and revised, you can store all accounting data with the Create Pdf dossier command from the File menu.

The Budget

Before starting your accounting year, you can create a budget with your assumed expenses and revenue, in order to have control over the financial and economic situation of your company.

The budget can be set in two different ways:

  • From the Budget column of the Categories table. For each account the yearly budget is indicated.
    In this case, when you process the budget from the Account1 menu, Enhanced statement with groups command, the Budget column shows the amounts that relate to the entire year.
  • From the Budget table, that you need to manually activate using the Add new functionalities command from the Tools menu.
    In this table all estimates are entered as budget transactions, either income or expenses. If you activate this table, the Budget column of the Accounts table is automatically deactivated.
    In the Budget table you can setup a detailed budget that takes into account possible variations during the year and in different periods of the year.

 

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