i take payments for our playgroup via a cash box. i’ve been using the petty cash feature to log incomings and outgoings from this cash box. but when the cash box is out, i can’t log that ‘outness’ under petty cash. obviously ideally i’d be creating a ledger with the difference and accounting for the difference but it’s not really possible for me to find the difference (nor is it usually important as we don’t have to show our accounts to anyone - it’s just for my records).
so is there a feature where i can list my cash box’s actual total and just have that running as a note to myself somewhere?
Hi,
Do you use other cash than from your cash box? If so you could open another bank account in your bank section and call it cash box or so. It would be a mixture of cash/merchant account. This way you could keep the cash box separate. Your income to the cash box is recorded as income to the cash box bank account. Outgoings, I would record a bank transfer to your petty cash account and record the spending in the petty cash account.
Hope this helps
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