Payments and banking · Guide 111 of 624
Petty cash
Petty cash in RockifyERP is just another cash account. Top it up from the bank and record each small expense against it.
How to do it in RockifyERP
- Create a Petty Cash account under Cash In Hand.
- Top it up with an Internal Transfer payment entry from the bank.
- Record each expense with a journal entry (debit expense, credit petty cash) or an expense claim.
- Count the cash weekly and compare it with the account balance.
Tip: Keep receipts for every petty cash spend and attach a photo to the journal entry.
Need more help with RockifyERP?
Can’t find what you’re looking for? The RockifyERP support team can walk you through it. Contact RockifyERP support.