On your balance sheets under assets, there is a description money to be banked. Can you let me know what money to be banked means? Thanks
Hi John,
'Money to Be Banked' represents cheques and cash you have received from customers but not yet deposited into your bank account.
This account is mentioned in our help section on receiving payments and making bank deposits.
I hope this helps. Let me know if you need more information.
Regards,