How are Cash Withdrawals from Business account processed in Sage Accounting

SUGGESTED

How are cash withdrawals processed in Sage accounting. Are they captured in Banking transactions and how or as a Journal entry kindly advise thx

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  • 0
    SUGGESTED

    Hi there  

    Thank you for reaching out to us. To better assist you, we would appreciate it if you could provide us with more information. Specifically, we would like to know if the withdrawal is coming from a bank account or petty cash. 

    If you are withdrawing cash to pay for an expense, you can record it normally under the corresponding expense account in your banking records.

    Sharon

Reply
  • 0
    SUGGESTED

    Hi there  

    Thank you for reaching out to us. To better assist you, we would appreciate it if you could provide us with more information. Specifically, we would like to know if the withdrawal is coming from a bank account or petty cash. 

    If you are withdrawing cash to pay for an expense, you can record it normally under the corresponding expense account in your banking records.

    Sharon

Children
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