Bank Installation

Welcome to your new BANK service for TurboCASH Business Class.

Download your Bank Statements into TurboCASH Batches and save having to capture them.

Installing Bank

Will by default install into c:\tcash5\Bank

It will create Directory C:\Bank\Statements

Run Bank

Run Bank.exe or the Short cut

Importing your Bank Data

1) Download your OFC file from your Bank and save it in C:\TCASH5\Statements or another directory of your choice. We have placed an example for you to test.

2) Use From to tell Bank Which File to Import

3) Use To to give Bank the name of the CSV Tab Separate file that you want to write To

4) Use View to eyeball your file before converting

5) Use Process to convert and save the OFC to CSV

Open TurboCASH, open the batch that you want to use to import the CSV file

Press <F9> Delimited file Import

You Bank Statement is now imported into your batch.

6) Check Balances

7) Check that the last Batch processed to make sure you are not duplicating transactions

8) Post


Brings up the Link Screen

Description can have one, two or three fields in any order. Maximum Stringlength imposed by TurboCASH is 35. Zero denotes <Element> is not included in description

Bank Appends to the LOG file  <TC> tag with link info.

Three useful files




Blog Posts

Multi Currency Accounting

Posted by Philip Copeman on September 12, 2018 at 14:26 0 Comments

Is there a simple way to implement Multi Currency accounting?

Getting the best solution depends on your business conditions. Solutions vary from running multiple sets of books for each currency to using a single set f book with one reporting currency and converting every transaction at entry.

If you are confused, here is a good starting point by Peter Selinger…


Accounting Made Easy New Releases

Posted by Philip Copeman on May 28, 2018 at 16:30 0 Comments

New releases for Accounting Made Easy with TurboCASH 5

This 400 page comprehensive Tutorial for TurbCASH 5 c overs basic accounting, TurboCASH features as well as a step by step tutorial to help you implement your accounting.



VAT change from 14% to 15%

Posted by Philip Copeman on May 7, 2018 at 13:24 0 Comments

The Tax authorities may impose changes in the VAT (GST/Sales tax) rates. For example, in South Africa, the South African Revenue Services (SARS), changed the VAT rate from 14% to 15% on 1 April 2018.

PDF Explanation



I have a farm in Africa

Posted by Philip Copeman on April 21, 2018 at 19:27 0 Comments

... and then they want to take the land back without compensation? The idea is preposterous.
Land only has value if you can keep another African off it. Land only has value if you have complete tenure, right down to the freedom to dispose of the asset.
Naive attempts to directly tax the ownership of Land…



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