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Nedsdesk
Level 1

How do I categorize an expense paid with cash?

I paid for something in cash. How do I categorize this?

3 Comments 3
Rustler
Level 15

How do I categorize an expense paid with cash?

The same way you book any expense, select the expense account it should go to.

 

You should have a cash type bank account that you fund and pay cash expenses from

Bobbie59
Level 1

How do I categorize an expense paid with cash?

i dont have cash

Bobbie59
Level 1

How do I categorize an expense paid with cash?

In business, smart companies try to log every tax-deductible expense. Doing this will allow companies to reduce their taxable income while remaining mindful of how they’re spending money. Direct2HR Safeway

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