Accounting for credit card costs and cash expenses

Hi @HelenTheShop

Starting with your sales through the card machine, there’s 2 parts to this really. It involves adding a new merchant account which acts as what your merchant takes on your behalf. We actually have a guide on our knowledge base on this, here: Accounting for income from a payment service provider

Moving on to the cash expenses, you would log these as normal and log them as paid from the “Petty Cash” account. This account should represent what you have as cash.

Hope that helps, but please let me know if you have any further questions :slight_smile: