Module 8: Cash receipts, payments, and petty cash
Day-to-day cash bookkeeping, petty cash funds, and bank fees.
1. Cash receipts
Record daily takings, card sales, and processor fees so revenue and costs are both visible.
About 8 minutes · 3 practice sets · Pro practice
2. Cash payments and checks
Record payments by check, card, and transfer, and keep a clear link to the bill or receipt.
About 8 minutes · 3 practice sets · Pro practice
3. Petty cash
Set up an imprest petty cash fund, record replenishments, and keep vouchers that support every expense.
About 8 minutes · 2 practice sets · Pro practice
4. Bank fees, interest, and returned checks
Record items you first learn about from the bank: service fees, interest, and NSF checks.
About 8 minutes · 3 practice sets · Pro practice