Thank you kindly. The issue, however, is when I am not depositing the total payment to the bank because it is in change (like 38 cents) or I am making change for an amount more than the invoice. I think I may have figured out a way, please confirm: When the payment includes change: Receive 2 payments - one to the bank; one to petty cash. When the payment needs change made from petty cash: Receive 2 payments - one to the bank; and one to petty cash less the change given. For example, $895.38 invoice. Paid $900 in various bills. Deposited $895. to bank Deposited $4.62 to petty cash ($5 minus 38 cents) Is this good accounting?
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