Problem
What is Cash Basis?
Solution
Cash Basis is the accounting method in which as money is received or disbursed, each transaction is recorded in the General Ledger of the RecTrac system.
If a transaction in any module (Activity, Facility, Pass, etc) is processed but no money is received or disbursed, no transaction is recorded in the General Ledger transaction file. However, the household balance by module is still updated so that there is complete control over money that is due or owed.