In a non-for-profit making organization, the cash book is referred to as

In a non-for-profit making organization, the cash book is referred to as "receipts and payments account". This is because, in such organizations, the primary purpose is not to make a profit, but rather to fulfill a specific mission or purpose. Therefore, the main financial statement used to record the organization's financial transactions is the receipts and payments account, which is a summary of all cash and bank transactions during a given period, including both receipts and payments. This statement shows the organization's total income and expenditure for that period, and it helps to determine whether the organization has a surplus or a deficit. It is an essential tool for monitoring the organization's cash flow and ensuring that there is sufficient cash to meet its obligations.