a document made by a merchant, landlord, vendor, or other creditor in favor of a customer acknowledging having received an amount of money for some purpose

A transaction posted that reflects the receipt of money for goods or a service where there has either been no invoice (e.g. selling goods over the counter, the money is handed over immediately the goods have been received) or the invoice is paid as soon as it is received thereby removing the need to post an invoice onto the Sales Ledger. Instead of the money being paid directly into the bank the money is paid into either the Petty Cash account or into the Till account. Cash Receipts are reflected in Sage by the transaction type "CR".

The collection of money (currency, coins, checks). Not to be confused with revenues. To Top