Accounting Tools

APRIL 4, 2023

Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash Optimal Accounting for Cash What is the Petty Cash Book? The petty cash book is a recordation of petty cash expenditures, sorted by date. Thus, the book is part of a manual record-keeping system.

Petty cash 75

Petty cash General Ledger Record Keeping Computation 75

Invoicera

FEBRUARY 18, 2024

Summary Petty cash is a small amount of money a business keeps to cover little expenses. It is essential to manage petty cash effectively. But how to handle petty cash when everyone is switching to digital payments? We will also discuss how you can handle petty cash using digital tools like Invoicera.

Petty cash 52

Petty cash Record Keeping Budgeting Auditing 52

Accounting Tools

OCTOBER 3, 2023

Account Number Description 010 Cash 020 Petty cash 030 Accounts receivable 040 Reserve for bad debts 050 Marketable securities 060 Raw materials inventory 070 Work-in-process inventory 080 Finished goods inventory 090 Reserve for obsolete inventory 100 Fixed assets – Computer equipment 110 Fixed assets – Computer software 120 Fixed assets (..)

Petty cash 40

Petty cash Computation Accounting Accounting 40

Accounting Tools

OCTOBER 3, 2023

The following sample chart of accounts uses divisions located in Boston and Omaha to demonstrate how a seven-digit chart of accounts could be structured. Account No.

Petty cash 40

Petty cash Computation Accounting Accounting 40

Accounting Tools

OCTOBER 3, 2023

Account Number Department Description 00-010 xxx Cash 00-020 xxx Petty cash 00-030 xxx Accounts receivable 00-040 xxx Reserve for bad debts 00-050 xxx Marketable securities 00-060 xxx Raw materials inventory 00-070 xxx Work-in-process inventory 00-080 xxx Finished goods inventory 00-090 xxx Reserve for obsolete inventory 00-100 xxx Fixed assets – (..)

Petty cash 40

Petty cash Accounting Accounting Computation 40

Accounting Tools

JULY 28, 2023

Must be detail oriented and comfortable using computer-based accounting systems.

Petty cash 40

Petty cash General Ledger Purchase Order Reconciling 40

Accounting Tools

JUNE 8, 2023

Step 2: Prepare Business Document Prepare the business document associated with the accounting transaction, such as a supplier invoice , customer invoice, petty cash voucher , or cash receipt. This step is handled automatically by an accounting computer system.

General Ledger 75

General Ledger Financial Statements Accounting Accounting 75