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peanutbutterandj
Level 1

I have a Shopify Store that takes credit card payments and cash. I submit monthly Journal Entries to show my income from Shopify. How do I categorize cash income on this?

I've tried listing it as "Unapplied Cash Payment Income", but that doesn't seem right.
1 Comment 1
Merna69
Level 1

I have a Shopify Store that takes credit card payments and cash. I submit monthly Journal Entries to show my income from Shopify. How do I categorize cash income on this?


@peanutbutterandj wrote:
I've tried listing it as "Unapplied Cash Payment Income", but that doesn't seem right.

You can keep on top of things using your accounting system, which will tell you how much you have now. But, in order to look forward and forecast your financial position for the future, you will need another tool in your arsenal. Choice Hotels

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