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Old 06-14-2017, 04:33 PM
Construction Construction is offline
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Join Date: May 2017
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Question Cash remaining in the cash register is $2.45, Petty Cash Journal shows $2.69???

Hi there,

On the Petty Cash Journal in QB, the cash balance is $2.69, yet in the cash register it is $2.45.

I know this is an immaterial amount, however I would like to know what it is the technically correct way for me to account for this?

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Old 06-15-2017, 05:30 AM
Rustler Rustler is offline
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Join Date: Feb 2008
Location: Texas - The Republic
Posts: 2,413
I create an expense account called Cash Over/Under and post the differences there using a journal entry. I have seen some use an income account for this too.
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