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How do I account for a stolen float?

Good Afternoon,

Sometime in the yesterday morning we had our float stolen of £300 out of our cafe, how do i note this on quickfile?? As this means our petty cash will be out of balance, as we had to go to the bank to get more cash


Create a journal. Debit profit and loss, credit petty cash.

I’d just create a manual money out transaction on the petty cash account in QuickFile and tag it “something not on the list” to a suitable overheads code - you may need to create a code in the chart of accounts if there’s nothing suitable existing already,

Edit: a journal would work too, whichever you find easier.

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