What is 'cash account' in SAP FI-BL - Bank Accounting?

cash account - Overview

• Component: FI-BL

• Component Name: Bank Accounting

• Description: A house bank account used for the payment and receipt of cash. Cash accounts allow an enhanced management of house bank account data.

cash account - Details

• 
  Key Concepts: 
  A cash account is a type of bank account used in SAP's Financial Accounting (FI) Bank Accounting (BL) component. It is used to record and manage all cash transactions, such as payments, deposits, and transfers. The cash account is linked to a general ledger account, which is used to track the financial position of the company. 
  
  How to use it: 
  In order to use a cash account in SAP, it must first be created in the system. This can be done by entering the necessary information into the relevant fields in the Bank Accounts window. Once the cash account has been created, it can be used to record and manage all cash transactions. 
  
  Tips & Tricks: 
  When creating a cash account in SAP, it is important to ensure that all of the necessary information is entered correctly. This includes the bank name, account number, and currency type. Additionally, it is important to ensure that the correct general ledger account is linked to the cash account. 
  
  Related Information: 
  For more information on how to create and use a cash account in SAP's FI-BL Bank Accounting component, please refer to SAP's official documentation. Additionally, there are many online tutorials available that provide step-by-step instructions on how to create and use a cash account in SAP.