That's a great question, Morethanmanors. We're here to provide clarity and guide you in the best direction to achieve your goal.
Currently, QuickBooks Online Solopreneurs does not include features for setting up or managing a dedicated petty cash or cash-on-hand account.
This version is designed primarily for tracking income and expenses for tax purposes by connecting to your bank and credit card accounts. It does not offer a chart of accounts, which is required to create and maintain a separate cash account.
To access more advanced accounting features, such as a customizable chart of accounts, you may want to explore upgrading to QuickBooks Online Simple Start, Essentials, or Plus. These plans are more comprehensive and offer a wider range of tools to meet your needs.
For detailed information on the available plans and their features, please visit this article: Plans & Pricing.
If you have any further questions or require additional assistance, please add a comment below. We are here to help.
