Cash & Cash Equivalents

1

When I receive money from a customer I create a receipt, I enter the bank account that the receipt is added to yet in the summary screen the money received is shown in the cash & cash equivalents account not the bank account. I have more than one bank account and want the money to appear in the appropriate account not in the cash & cash equivalent account. I would really like to delete that account but the program won’t let me.

Thanks for your help

2

By default, all bank and cash accounts are grouped into the control account Cash & Cash Equivalents

You can set up your own control accounts so that each bank and cash accounts appears separately in the Summary page and on the Balance Sheet report

3

Thanks for your help that gave me the results I wanted. Thanks again