How are cash withdrawals processed in Sage accounting. Are they captured in Banking transactions and how or as a Journal entry kindly advise thx
How are cash withdrawals processed in Sage accounting. Are they captured in Banking transactions and how or as a Journal entry kindly advise thx
Hi there Charmaine Weisbock
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
Hi there Charmaine Weisbock
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
*Community Hub is the new name for Sage City