Petty Cash Payments

Purpose:
Process money paid on sundry expenditure items to non-account suppliers and staff (reimbursements) – cash, not bank, transactions.

Processing:
Click on Banking > Petty Cash Payment – title(hyperlink).
This process can be carried out at any time in the accounting period and may be entered singly or in batches – the form processes one entry at a time.
Periodically the petty cash tin (if you have one) should be reconciled.

If date different overtype or select from Datepicker.

Enter Reference, Description and Gross Amount.

Select appropriate VAT Code. The VAT Amount will be calculated, but it can be amended.

Select Analysis Code.

When happy click on Submit or Close not to save.