Topic: Cannot Post to Petty Cash in Journal Entry
We run a non-profit NGO. usually people make out of pocket expenses as a way of support to the organization.
The out of pocket expenses are captured as deposits to petty cash account.
However, there is no way to capture the expenses in journal entry because petty cash would not come up for debiting/crediting as the case may be.
Also, under bank accounts, petty cash does not come up for me to assign a GL account.
Please how do I handle this?