Zoho Bookings & SalesIQ Alignment

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Cash

Meaning:

Cash is money in the form of coins and notes that you can use right away. which includes notes and coins. All cash is money, but not all money is cash.


Example:

 For example, ₹500 in your wallet is cash, while ₹5,000 in your bank account is money but not cash.
 In simple terms, cash refers only to physical currency, whereas money includes both cash and digital or bank balances.


How to understand Cash:

Cash is the easiest type of money to use because you can spend it immediately.  It helps you buy things, pay bills, or settle debts.


Importance of Cash:

  • It is needed for daily operations, like paying salaries and bills.
  • Having enough cash means a business can run smoothly without delays.