Recording petty cash transactions

Record the petty cash opening balance

1. Select Bank accounts, then select Bank transfer.
2. Complete the Bank Transfer window:

   Field	Description
   From	The bank account you're transferring the opening petty cash balance from, for example, your current account.
   Amount	The amount you want to transfer.
   To	Your petty cash bank account.
   Date	The date of the transfer.
   Reference	A reference for the transaction.
   Description	The details for the transaction.
   Department	The department for the transaction, if you use one.

3. Select Save, then Close.

Record payments made from petty cash

1. Select Bank accounts, then select Bank payment.
2. Use the Bank Payments window to record your payments for the day. For example, to post a £/€10 parking charge to nominal code 7304:
   
   

   Bank	Date	Ref	N/C	Details	Net	T/C	Tax
   1230	Date	Ref	7304	Parking Charge	10.00	T9	0.00.

3. Select Save.
4. Repeat steps two and three for any other petty cash payments.

Top up the petty cash balance

When your petty cash balance runs low, you can top it up from the till or your current bank account.
To do this, record a bank transfer. Refer to the first section, Record the petty cash opening balance.

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