What is iCashbook?

What is a "cashbook" anyway?

A cashbook is a simple accounting book used to record basic information about cash receipts and payments. It is designed to help you keep up with how much money is coming in (for sales) and how much is going out (for bills and wages etc) in your business.

The look of a standard cashbook is essentially a series of columns with amounts in them that record what each receipt or payment was for. At the start of each part of the cashbook is an area that states who the money was received from or who the money has been paid out to.

So what you will see is - the date of the transaction, name of the other party, particulars of the transaction, the amount, source/type of transaction and a running total of your bank account balance.

If you are keeping these records electronically, keep adequate back-up copies of the important records (additional disk copies or print-outs). If you are using iCashbook back ups are automatically done for you. Tax law in your own country will require you to keep these records for a number of years.

What is iCashbook?

iCashbook is online bookkeeping software designed to help businesses, clubs, organisations and people keep a record of their financial transactions as an analysed cashbook - easily and accurately.

Developed as an online application, iCashbook brings a whole new dimension to online accounting, creating a very useful direct link between client and accountant. The iCashbook online accounting software runs on a web-server, not on a computer and iCashbook is able to be accessed from anywhere in the world wherever there is an internet connection.

iCashbook is revolutionary in many ways and its concept and design sets new benchmarks for simplicity. It is known as - “The World’s Simplest Cashbook.”

Go to Features to read more about why this unique business tool is so “special.”