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October 16, 2018
Solved

How to record cash expenses?

  • October 16, 2018
  • 1 reply
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Original commenter did not share additional details
Best answer by VivienJ

Hello jabessa1958,

Thanks for reaching out to Community!

You can create a cash account in the Chart of Accounts. It's the same Category type as a bank account, but you can name it Cash on Hand or Petty Cash, anything you would like to use to associate it. Here's an article that'll guide you through the process:

https://community.intuit.com/articles/1145793

When entering expenses paid by cash, just choose the cash account you created in the Account field beside the Vendor's name. Here's another article for more details:

https://community.intuit.com/articles/1583125

Fill me in if you have further questions.

1 reply

VivienJAnswer
October 16, 2018

Hello jabessa1958,

Thanks for reaching out to Community!

You can create a cash account in the Chart of Accounts. It's the same Category type as a bank account, but you can name it Cash on Hand or Petty Cash, anything you would like to use to associate it. Here's an article that'll guide you through the process:

https://community.intuit.com/articles/1145793

When entering expenses paid by cash, just choose the cash account you created in the Account field beside the Vendor's name. Here's another article for more details:

https://community.intuit.com/articles/1583125

Fill me in if you have further questions.

December 11, 2018

Thank you VivienJ, I encountered this same question and found this post, it was exactly what I was looking for.

February 21, 2019

Very useful information for people, I think this is what everyone needs.