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Expenses Paid with Personal Money

Sometimes yourself or an employee might spend personal money while on official business and this might be reclaimable as a business expense. In this case we suggest that you create a new bank account in KashFlow named ‘Expenses’. This account should always be a negative figure (representing debt the company owes…

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Opening Balances : Bank Accounts

When you’re managing your accounts, it’s important to get everything right from the very start. Typically, this all begins from your opening balance. It’s important, therefore, to consider the definition of an opening balance and where and how this is to be used. What is the ‘opening balance’? The opening…

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Petty Cash

If you have a Petty Cash float then we advise managing it using a new bank account in KashFlow. Just follow the guidance below to get started. Setting Up First, create a new bank account to represent your petty cash account. Do that by going to Bank > Add New Account.…

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Transaction Locking

This article describes how to enable transaction locking to prevent payments and transactions from being modified.

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