Enter the daily cash transactions in Excel spreadsheet.You can take the columns as Date;Item Name;Amount Spent;Description of the Item/expense.At the end of the month,sum up the entire expenses.
Also make note of cash withdrawn for petty cash expenses at the start of the month.
Note down Money remaining at the end of month after the months expenditure,and put it as Cash balance.
If you need a more methodical accounts entry go for TALLY Accounting package.
Hi!
as mentioned above put Description, amount spent along with the allotted petty cash to u for that particular month and put an excel formula and subtract the daily spending's with allotted petty cash hence u'll going to the get pending amount on regular basis.
I hope above mentioned details will gonna suffice your query
Mannmad
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