Petty CASH replishment entry
Hi All,
Can someone please guide me on how to make an entry in manager for the replishment of petty cash. Please also guide me which account it should go in while making a payment from bank to petty cash
For an instance if I need to replenish AED 3000 in petty cash, which entries will be involved. Kindly guide thoroughly step by step.
My apologies for that as I am not that good in accounts
Assuming your petty cash account is created under Bank and Cash Accounts tab, just use inter account transfers transaction.
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We replenish petty cash directly from the bank account in the form of payment , more precisely I when issuing petty cash in the first time I create an account in the chart of accounts under Assets>Cash & Cash equivalent>“Petty cash holder name” petty Cash.
Then I make payment as follows:
3,000 Dr/ Petty Cash account
3,000 Cr/ Bank account
Issuance of petty cash total of AED 3,000
When I receive invoices I create new payment and I record the invoices to the relevant expenses
for example :
Petty cash no 12
200 Dr/ visa expenses
150 Dr/ Medical Expenses
350 Cr/ Bank account
I hope you find this helpful.
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Great, thanks bro 
That was easy 
