Treasury: the Safe and the Bank
One ledger for both, with deposits, withdrawals and transfers between them.
The Safe holds cash on the premises; the Bank holds the rest. Treasury is the single ledger for both. Handovers land here automatically; purchases and expenses paid from either draw from here; and a manual entry covers everything else — a bank deposit of the week's cash, a withdrawal for petty cash, a transfer from one to the other. Every entry posts to the general ledger, so treasury and the accounts never diverge.
Open Cash Management → Treasury. The list shows every movement with its source — a handover, a supplier payment, a manual entry — and the running balance of each account.
For a deposit or withdrawal, add an entry: the account, direction, amount and a note. Use it for bank deposits of cash, owner injections, and cash taken out for petty expenses.
For a transfer between Safe and Bank, use Transfer. It creates two linked, balanced entries so neither side can be edited without the other.
Open any entry to see the ledger lines it produced. This is the link between what happened to the cash and what the accountant sees.
Good practice
- Reconcile the Bank account against the bank statement monthly. K-Net settlements arrive net of fees, so record the fee as an expense rather than adjusting the sale.