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How to process petty cash reimbursement for the branches?

posted Sep 28, 2008, 8:11 PM by Unknown user   [ updated Sep 28, 2008, 10:10 PM by Unknown user ]
Scenario:
HQ will allocate a fixed amount of money eg. RM100 for each outlets for petty cash use. Outlet 1 usage eg. RM 30.

Step 1 : Create a Cashbook called " Petty Cash - Outlet 1"
Step 2 : Go to Finance --> Cash Transfer --> From "Cashbook HQ" to "Cashbook Petty Cash - Outlet 1" --> amount RM 100
Step 3 : Go to Finance --> Create Payment Voucher --> From "Cashbook Petty Cash - Outlet 1" --> tie to a suitable GL Code amounting RM 30
Step 4 : Go to Finance --> Cash Transfer --> From "Cashbook HQ" to "Cashbook Petty Cash - Outlet 1" --> amount RM 30
Step 5 : To monitor your petty cash usage --> Go to Finance --> Query Cash Book Transactions --> Select "Cashbook Petty Cash - Outlet 1"

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