How to post a cash / Petty cash withdrawal entry ?
Step 1: Go to Admin –>> Bank & Cash –>> Transfer
Step 2: Select Bank Account/ Name in "From Account" column (it should be the bank from where money has to be withdrawn)
Step 3: Select “Petty Cash” Account in the "To Account" column. (it should be the petty cash account which increases the cash balance into books of accounts)
Step 4: Enter the amount withdrawn from Bank in the “Amount” text box.
Step 5: Enter the Instrument No. (cheque number) in the textbox of “Instrument number”
Step 6: Write down the narration in the “Comment box”
Step 7: Choose the date of transfer in the date selection field
Step 8: Click on “Transfer”.
Note: Please do not make mistake while the selection of account1 and account2. Only Bank Account needs to select from Account1, not petty cash account. Similarly, from account2, Only petty cash account need to select since this transaction is a cash withdrawal transaction and not cash deposit transaction.
How to record the petty cash expenses?
You can record these Expenses in the 1st Category i.e. Unassigned. Step 1: Go to Admin Dashboard–>>Expense Tracker–>>Select a relevant vendor or Unassigned vendor Step 2: Click on Payment–>>Enter the amount–>>mode of Payment select cash–>>Enter the ...
How to record small petty cash expenses without vendor name or vendor invoice?
Small expenses (petty cash expenses) need not mandatory to have the invoice to book into the system . those expenses and payment can be recorded straight away: Steps are as below: Step 1: Login to ADDA -> Admin -> Expense Tracker Step 2: Select "By ...
How to generate petty cash statement by period?
Step 1: Login to ADDA -->> Admin -->> Bank & Cash -->> Bank & Cash Accounts Step 2: Select date range. Step 3: Select Petty Cash. Step 4: Click on Fetch Transaction. Note: this will provide all Inflow and output of petty cash transactions.
How to post collection entry for Non Member Income dues?
Please follow the steps below to post collection entry for Non Member Income dues : Step 1 :- Go to Admin >>Income Tracker >> Non member Income Tab Step 2 :- Go to the respective vendor -- >>Click on Collection Tab. Step 3:-Choose invoice -- >> Put ...
How to pass the deposit/Transfer/Contra Entry entry ?
Please follow the below steps to pass deposit/Transfer/Contra Entry entry: Step 1: Login to ADDA -->> Admin-->> Bank & Cash -->> Transfer Step 2: Select "Petty Cash" in the "From Account" list box. (if cash has deposited into the bank) Step 3: ...