CaptainBiz Video Cash/Bank

Welcome back to CaptainBiz! Having explored the intricacies of Adding Party Details in our previous tutorial, it’s time to shift our focus to another critical aspect of efficient business management – Cash and Bank Accounts. In this guide, we’ll walk you through the essential steps to ensure a seamless experience in managing your financial transactions. Let’s dive in!

How you can register yourself on Logo CaptainBiz business software.

How to add your company details in Logo CaptainBiz business software.

How to create party in Logo CaptainBiz business software.

How to do document sequence & settings in Logo CaptainBiz business software.

How to add Bank Account in Logo CaptainBiz business software.

How to add Cash account in Logo CaptainBiz business software.

How to Add Product in Logo CaptainBiz business software.

How to Add Service in Logo CaptainBiz business software.

How to create Purchase Order in Logo CaptainBiz business software.

How to Create Purchase Invoice in Logo CaptainBiz business software.

How to Create Purchase Invoice Payment in Logo CaptainBiz business software.

How to create Sales Order in Logo CaptainBiz business software.

How to create Sales Invoice in Logo CaptainBiz business software.

How to create Sales Invoice collection slip in Logo CaptainBiz business software.

How to do stock transaction in Logo CaptainBiz business software.

How to create a Service Purchase Invoice in Logo CaptainBiz business software.

How to add new user in Logo CaptainBiz business software.

Navigate to 'Cash/Bank' under 'Party' in the left-side menu.
From the drop-down menu, choose 'Cash Accounts.'
Click on 'New Cash Account' on the right side to create a new cash account.
In the 'New Petty Cash' popup, add the 'Cash Account Name,' opening balance, and opening balance date. Click 'save.'

After creating a new cash account, you'll see details like 'Cash Account,' 'Cash Balance,' and 'Currency Type.' Under 'Actions,' use the 'transaction symbol' to view and export transactions. You can also perform a detailed search based on filters like 'date' and 'amount range.'

Step 1

Managing the Cash Account

Efficiently manage your bank transactions with these steps:

Under 'Cash/Bank,' select 'Bank Account' from the dropdown menu on the left.
Click on 'Bank Accounts' to add details like 'Account Name,'
'Account Number,' currency, 'Opening Balance,' and 'Opening Balance Date.'

Explore transactions by clicking the 'transaction icon' under 'Actions.' Use 'Detailed Search' and 'Excel Import' for comprehensive transaction management. You can add new accounts for customers with multiple bank accounts.

Step 2

Managing the Bank Account

Ensure accuracy by comparing your bank statement with the bank account added to your CaptainBiz account:

Select 'Bank Reconciliation' from the dropdown menu under 'Cash/Bank.'
Click 'New Statement Comparison.'
Choose the bank account, select 'Bank Statement Default Template,' and download the template.
Upload your bank statement's soft copy to compare both statements.

You can export the compared file in Excel using the 'Export File' button under 'Actions.'

Step 3

Bank Statement Comparison

Get an overview of your financial health with Cash and Bank Status:

Click on 'Cash and Bank Status' under 'Cash/Bank' in the menu.
View the total balance of Cash and Bank.
Scroll down to see the breakdown of cash accounts and bank accounts.

This sums up the efficient use of cash and bank accounts in CaptainBiz. Stay tuned for more tutorials on optimizing your business operations with CaptainBiz - Digital Bill Banao, Business Badhao.

Step 4

Cash & Bank Status

Mastering cash and bank account management is pivotal for ensuring a healthy financial outlook for your business. CaptainBiz provides intuitive tools and features to streamline these processes, allowing you to focus on what matters most—growing your business.

CaptainBiz In Media

Customer Testimonial

"We'll surely recommend CaptainBiz to everyone who is looking at the most effective GST ready billing and Accounting software. From sales order and invoicing to payments – we now handle all transactions with one software. Our sales, purchase and accounts team has access to the same accounting data which has greatly eliminated billing errors, improved data accuracy and strengthened the revenue recognition process. It comes in very handy for daily billing. Thanks to CaptainBiz."

Stellant Communications 21. June, 2023.

"We are distributors of confectionery items based out of Bihar. Our billing used to happen manually over the years until Vyapari helped us to automate the entire billing process. Am raising my purchase and sales invoices through a mobile app with ease and it’s no more a time consuming task for us. Thanks to CaptainBiz for streamlining how business works"

Jai Maa Santoshi Traders 12. May, 2022.

"CaptainBiz is for anyone who is looking for a fast and error-free generation of GST invoices and reports. It keeps a track of every detail such as the inventory, loss statements, accuracy of income, profit and loss accounts and cash flow statements of your business. It has made me run my business without any hassles and has saved a lot of my time. I would recommend this to everyone who is too busy to keep track of everything manually."

Digital Beej 11. November, 2023.

Frequently Asked Questions

Can I manage multiple cash accounts for different purposes?

Absolutely! CaptainBiz allows you to create multiple cash accounts, each serving a specific purpose, ensuring accurate tracking of funds.

Is there a limit to the number of bank accounts I can add?

No, there is no fixed limit on the number of bank accounts you can add in CaptainBiz. Add as many accounts as needed to accommodate your business requirements.

Can I reconcile my bank statements with multiple accounts simultaneously?

Yes, CaptainBiz facilitates the reconciliation of bank statements for multiple accounts, providing a comprehensive overview of your financial transactions.

How often should I perform bank statement reconciliation?

Regular reconciliation, preferably monthly, ensures that your CaptainBiz records align with your actual bank transactions. This practice enhances accuracy and financial transparency.

Can I export the cash and bank status for further analysis or reporting?

Certainly! CaptainBiz allows you to export the cash and bank status details in Excel format, providing you the flexibility for in-depth analysis or reporting.