Cash Purchases

How do I enter cash purchases?

Goldenseal accounting software handles cash purchases very similarly to purchases paid for by check or credit card.

Instant Purchases

When you buy something and pay cash for it, follow these steps:

1. Choose Material Purchases from the Costs menu.
2. Click the New button.
3. Enter the vendor.
4. Enter a brief description of the item purchases (you can also use a breakdown to show multiple items).
5. Enter the job and cost category to which the item applies.
6. Enter Cash into the Payment Method field.
7. Enter a Cash account into the Details field.
8. Click the Enter key to save the record.
9. Goldenseal will automatically deduct cash from the Cash account, and mark this item as paid.

HINT-- Click the link here if you wrote a check payable to Cash, and used it to pay for the purchase.

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