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Peter Connor ⋅ Staff October 3, 2016
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Hi. Invoices and payroll. Tks P

#answer-4117
  1. Peter Connor October 3, 2016
    You can setup a petty cash bank account if you like. But all out goings need to be recorded.
  2. Peter Connor October 3, 2016
    For the petty cash you could have a running invoice and just add a line item.
  3. allancorbin October 3, 2016
    Don't understand. When I try to make a cash payment, I am only getting a choice between a Current account or a credit card, but not cash.
  4. Peter Connor October 3, 2016
    For each cash payment.
  5. Peter Connor October 3, 2016
    Set up a petty cash bank account and you'll see that option. Then do a bank transfer from your bank account to it.
  6. allancorbin October 3, 2016
    a running invoice, explain a little more.
  7. allancorbin October 3, 2016
    For example, I purchased some supplies from a supplier using cash from petty cash. How would I use/track Petty cash?
  8. Peter Connor October 3, 2016
    Create a bank account called Petty Cash
    Transfer x per week into that account from your primary account.
    Create a monthly or weekly invoice called Petty Cash.
    As you buy something for cash just as a line item in that invoice for small items.
    That's it. Pete
  9. allancorbin October 3, 2016
    Thanks

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