QB Issue Resolution:

You can create a cash account by going to Accounting > Chart of accounts > New and creating a ‘Cash at bank and in hand’ account with detail type ‘Cash on hand’ and then record the monthly takings using a sales receipt (+ icon > sales receipt), selecting this account under the ‘deposit to’ drop-down.


When you deposit the cash to the bank, you can record a transfer from the cash account to the bank account by going to the + icon >Transfer.


Alternately you can enter the sales receipt and use the ‘Undeposited funds’ account to record cash payments. When this is deposited to the bank go to + icon > Bank deposit and this will list all transactions which have been allocated to the undeposited funds account, where you can select all that apply to the deposit.

Resolution for Issue 'I need to record monthly takings which is all cash and done monthly, where do i do this on QB?' available: Yes (Solved).
Source: Intuit Community forum.

I need to record monthly takings which is all cash and done monthly, where do i do this on QB?: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

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