Daily balance explained

CashCtrl works with daily balances and displays the balance from the end of the day in the journal. This practice has proven to be the best and clearest for us.

Contents

  1. Daily balance in the journal
  2. Balance after each booking in the account statements

Why does CashCtrl rely on daily balances?

In CashCtrl it is possible to sort and filter in detail. If you sort by yourself, the order will be changed and therefore the balances will not be correct. Entries in CashCtrl have no time but only the date of the day. That's why a daily balance is useful, like Postfinance does.

Especially the filtering and sorting possibilities distinguish CashCtrl from other software offers and are widely appreciated. Of course, we do not like to do without this.

1. Daily balance in the journal

If several entries are made on the same day, the same balance is displayed in the journal for each entry. "Stop" you may say, "that's not very clear and I can't check invoices". But you can still check them, just with a different view.

Screenshot of the journal in CashCtrl

2. Balance after each entry

A detailed view with a balance after each entry can be found in the reports under the account statements. There, the balance is adjusted and tracked with each step. This way you can also compare the bank statements.

Screenshot of the bank statements report in CashCtrl