This is Excel-only. You cannot easily log an expense from your phone while buying donuts. You’ll need to save receipts and type them in later.
Define a maximum amount for a single petty cash transaction (e.g., nothing over $50). Anything higher should go through standard accounts payable. petty cash template excel free download
Never give out cash without a receipt or a signed voucher. When an employee spends $10, they must return the change and a receipt. Assign that receipt a and log it in the Excel sheet immediately. 3. Automatic Calculations This is Excel-only