▲ 0 r/Bookkeeping
Can i lump all petty cash expenses into one entry (not JE!) ?
Basically at the middle and end of the month, I would record all petty expenses record made by the company or staff. They would give me their receipts as proof so I can record it down. What I have been doing is recording down each receipt one entry by one entry.
So for example, 50 receipts = 50 entries
My question now is if im able to lump these 50 receipts into one entry as long as its within the same month, with all the relevant details still recorded (inv no., items of purchase etc.)
So 50 receipts = 1 entry instead
u/toasterlybread — 1 day ago
