cash-book

cash-book

The accountant records the daily transactions in the cash-book.

Definition
  1. Noun:
    • A financial ledger: A "cash-book" is a book in which records of money received and paid out are kept, typically used in bookkeeping to track cash transactions.
    • A component of double-entry accounting: In accounting, a "cash-book" serves as both a journal and a ledger for cash entries, distinguishing it from other account books.
Usage Examples
  • Noun:
    • The accountant updated the cash-book with all daily sales and expenses. (A ledger recording cash inflows and outflows.)
    • She checked the cash-book to verify the balance before making a withdrawal. (A book used to monitor cash position.)
Advanced Usage

  • "to balance the cash-book": to ensure that the recorded cash transactions match the actual cash on hand.

    • At the end of the month, the treasurer must balance the cash-book against the bank statement. (Reconcile the ledger with physical cash.)

  • "cash-book entry": a single record of a cash transaction in the ledger.

    • Each cash-book entry includes the date, amount, and description of the transaction. (A line in the ledger.)
Variants and Related Words

  • Cashbook (n): a variant spelling of "cash-book," often used interchangeably.

    • The small business uses a simple cashbook for its daily records. (Same meaning as cash-book.)

  • Cash (n): money in the form of coins or banknotes.

    • He paid for the item with cash, not a credit card. (Physical currency.)

  • Book (n): a set of written or printed pages bound together; also, a record or ledger.

    • She keeps a book of accounts for her freelance work. (A record-keeping volume.)
Synonyms

  • Ledger: a book or other collection of financial accounts.

    • The company's ledger shows all transactions, including those in the cash-book. (A broader term for financial records.)

  • Journal: a daily record of business transactions.

    • The cash-book functions as a specialized journal for cash entries. (A chronological record.)
Related Idioms

  • Cook the books: to falsify financial records, including the cash-book, to deceive.

    • The manager was caught trying to cook the books by altering the cash-book. (Illegally manipulate accounts.)

  • On the books: officially recorded in financial records, such as a cash-book.

    • All expenses are on the books, so we have a clear audit trail. (Documented in ledgers.)