If your business has a petty cash account for everyday purchases or costs, you can create it in Sage Accounting to record these transactions.
NOTE:
This account is for recording cash only. This means you can’t:
Transfer money from a cash account
Reconcile the account
Connect it to a bank feed
Cause
Resolution
Create a petty cash account
Go to Banking.
Select New then Bank Account.
For the Account Type*, choose Cash in Hand.
Enter an account name, for example, Petty Cash.
Select Save.
Enter the opening balance
If you already have money in your petty cash, enter this as an opening balance to make sure your balances match up. Follow our article to enter an opening balance for a bank account.