Petty cash and Virtual Bookkeeping

5 Common Bookkeeping Mistakes You Must Avoid

Stephanie Peterson

SEPTEMBER 21, 2021

Misusing Petty Cash Some business owners think of petty cash as extra cash and don't feel the need to save receipts or track how the money is spent. Petty cash isn't a business owner's personal wallet, and all transactions made using petty cash must be tracked to back up deductions.

Petty cash

Petty cash Bookkeeping Virtual Bookkeeping QuickBooks

5 Bookkeeping Errors that are Costing Your Business

Stephanie Peterson

JULY 21, 2022

Failing To Save And Record Receipts For Minor Purchases Misplacing or forgetting to record and save receipts paid with personal or petty cash for business-related purchases can add up to a loss of a significant amount of money, even to the most cautious business owners.

Bookkeeping

Bookkeeping Petty cash Virtual Bookkeeping QuickBooks

Financial Ops World

5 Common Bookkeeping Mistakes You Must Avoid

5 Bookkeeping Errors that are Costing Your Business

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