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Daniella's avatar
Daniella
Experienced Cover User
2 years ago

How to enter cash receipts not in bank account?

Hello,

 

We have a fair amount of receipts which need to be entered into MYOB. However, a lot of these were paid cash, which obviously does not show on our cheque account.

 

What is the best way to enter these? Create a bank account i.e. cash receipts? But it wouldn't have money coming into the account which will mean it's always in debit.

 

A lot of the transactions have been made by our director, employees and so forth. They have been reimbursed with cash.

Thanks 

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  • Sean_DC's avatar
    Sean_DC
    MYOB Moderator
    2 years ago

    Hi Daniella 

     

    Thank you for your post. You can create an account for your transactions recorded as Cash. This Help Article, Enter cash sales, provides the detailed steps to record a cash transaction as a sale. Here's another article about recording Petty Cash that can give you additional information as well. I would still recommend speaking to an accountant about recording these types of transactions. 


    Please feel free to post again. I'm happy to assist further.

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users in finding this information.