Have to enter bill for petty cash?

Jun 12, 2007 3 Replies

Do I have to enter a bill every time I spend a few bucks for something?



Is there a way to enter a cash payment without making out a bill?



i.e. Post Office or small hardware store purchase.



Assuming you have Quickbooks 2007 click on the Write Checks icon. Change the account to Petty Cash assuming you have this set up. Then enter whatever you bought with appropriate account it is charged against.

or any other version going back to the birth of QB.

click on the Write Checks icon. Change

All I do is collect all the petty cash reciepts on a bulldog clip then once a month or whenever, just open up the petty cash account and add transactions as a direct entry to the account. use the "split" button to assign to the correct expense account. Job done.

in fact, depending on how lazy I am feeling, rather than enter them on the exact the purchase was made I just chose a day and staple as many reciepts as will fit onto an A4 piece of paper and just enter them all on the same day.

Job done even quicker.

:¬)

Pete

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