Manage Petty Cash in Xero - Part 1

[@xeroguru]

Manage Petty Cash in Xero - Part 2 kzbin.info/www/bejne/gojGmHyurtGXrbc

[@KingTV6]

Lovely and professionally explained! Thanks a lot

[@xeroguru]

Thank you for your kind comment!

[@moranli3024]

sorry, I don't understand we don't have the bank statement, and do the reconcile now, what it's for?

[@xeroguru]

With petty cash there isn’t a statement from the bank. But if you keep a record of your cash transactions then you can import that just like you would import a bank statements. But if you don’t want to import transactions, you can simply create them one by one and manually reconcile them (mark as reconciled). The other way to deal with petty cash is through manual journals - see part 2.

[@DonnaStokes-wn1bh]

Bank reconciliation

[@xeroguru]

Hi 👋 I’m not sure what you mean, sorry. Are you looking for more guidance on the bank reconciliation? I have a whole playlist on the bank rec, including this video👇

[@xeroguru]

Xero Bank Rec - Beginner Tutorial kzbin.info/www/bejne/noPXdWquftuSjJY

[@xeroguru]

Let me know if there’s something else you’re looking for. 😊