Recording ATM cash withdrawals

Even though this transaction involves your bank account and cash, it isn't a purchase transaction, because you can't yet categorize what this purchase is for.

So, instead, you should track ATM cash withdrawals as transfers from your bank account to your cash account.

  1. Open Transfers.
    (Or, from the Banking menu, choose Transfers.)
  2. Fill out the fields.
    Date The date you withdrew the funds, or when your bank records the withdrawal.
    Transfers From   The account you withdrew money from.
    Transfers To Your petty cash account. How do I set up a petty cash account?
    Transfer Amount Amount of the ATM withdrawal.
    Memo Optional. A memo such as "ATM" can help identify the transaction later.
  3. Click Save.

See also:

Tracking the cash you spend

Tracking ATM card purchases



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