How to record petty cash on your computer

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Throughout the day, you may need to remove cash from the till for business expenses - this is often referred to as petty cash. You can record these petty cash expenses in Timely, to make cashing up at the end of the day even easier. You will need to have cash management enabled and your register open to record a petty cash transaction. In this article, you will learn how to record petty cash from your computer. See our help guide How to perform an end of day (EOD) cash up from your computer for more information.

Timely note: please be aware that petty cash can only be recorded for today's date.

How to add a petty cash transaction

If you take money from the till at any point, then you can record that in Timely. You will need to have your register open to record petty cash, so you will be prompted to open the register (if you have yet to do so). To add a petty cash transaction:

1 Click on the sale tag in the top left corner. The Location will be automatically assigned based on which register is selected.

2 Select petty cash from the till options.

3 Enter the amount in the field provided, and choose if this is a cash out or cash in transaction and enter a description for the transaction.

4 Once you are done click save to record the transaction.

How to view your petty cash expenses

You will be able to see a list of any petty cash expenses while you are performing a cash up. To do this:

1 There will be a total cash amount shown, which shows you the cash amount to expect in the till.

2 Click details under the expected column to see a detailed breakdown of the cash on hand.

3 This will show you both the total value of petty cash in and petty cash out transactions for that day.