Accounting Tools

JUNE 5, 2024

What is Petty Cash? Petty cash is a small amount of cash that is used to make incidental cash purchases and reimbursements , such as for delivered meals. Petty cash can mitigate the effects of the more cumbersome accounts payable process, which involves the issuance of a check.

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Petty cash General Ledger Deposits Reconciling 40

Accounting Tools

APRIL 6, 2023

Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash Optimal Accounting for Cash How to Fund Petty Cash When cash is added to a petty cash fund, the basic concept is to replace the amount of any cash that had previously been disbursed from the fund.

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Petty cash General Ledger Accounts Payable Accounts Payable 40

AvidXchange

APRIL 10, 2019

Tedious as it may seem, every business transaction needs to be recorded in the right account. The problem, however, is that unless you have automated accounts payable software, finding the correct account isn’t always such a simple task. Fortunately, a chart of account can help you with that.

Accounting 40

Accounting Accounting QuickBooks Petty cash 40

Nanonets

JUNE 29, 2023

It offers features such as expense tracking, receipt capture, policy enforcement, and integration with accounting systems. It combines expense management, bill payments, corporate cards, budgeting, approval workflows, and virtual cards, thus providing comprehensive spend visibility and control for businesses.

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Expense Reports Data Entry Invoicing Budgeting 52

Nanonets

JANUARY 17, 2024

Nanonets AI helps ACM Services automate extraction from expens e documents, saving 90% time for the Accounts Payable team. It offers features such as expense tracking, receipt capture, policy enforcement, and integration with accounting systems. How Happy Jewellers, a SMB, benefitted from NanoNets.

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Expense Reports Budgeting Data Entry Auditing 52