Petty Cash Account (Legacy)

This help article contains instructions for the Legacy Version of Rentec Direct. More information about the latest version of Rentec Direct can be found here: The Remodel | Rentec Direct’s Newest Software Update

To document transactions that are paid for with cash you wish to track in a Petty Cash account, you'll want to create a new "bank" account, even though technically it's not a "bank account."  To do this, head to your Accounts tab and use the button on the left to create a new account.   

Add New Account
When posting an expense transaction for an expense paid for with Petty Cash funds, indicate this account in the transaction.  To reflect a deposit to this fund, you can either post an Account Balance update through the Accounts tab by clicking on the balance of the Petty Cash account and using the "Update Balance" button, or by posting an income transaction to your business account (see Tracking Business Income & Expenses.)

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