Accounts

Cash received

Cash received is money deposited or otherwise collected, regardless of whether it is current-period revenue.

Booksmrt editorialUpdated 2026-07-27

How it works in the books

Cash receipts can settle invoices, create liabilities, fund the business, or represent borrowing. Bookkeeping identifies the economic source instead of assuming every receipt is income.

Example

A $20,000 loan deposit increases cash and a loan liability; it does not create $20,000 of sales.

What can go wrong

Transfers between a company's own accounts should not be recorded as new income.

Compare Cash received

Revenue vs. cash receivedRevenue describes what the business earned; cash received describes money that moved. They can differ because of accounting method, receivables, customer deposits, sales tax, transfers, loans, and owner funding.

Sources

Educational information only. Booksmrt provides bookkeeping services, not tax, legal, audit, or investment advice. Confirm material accounting and tax decisions with the appropriate professional.