Deposit Check/Cash Received

I'm having trouble handling this situation: I deposited a check (with the teller instead of the ATM) but kept some cash to be used to pay for a budgeted category & some to keep as fun money in my wallet. I'm not sure what to do since unlike using the ATM, there is no record of that cash. 

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  • You'll use a split transaction

    If you do not have a cash account:

    Top line of split: net amount deposited
    Line 1 of split: gross amount of check, categorized TBB
    Line 2 of split: amount spent on the budgeted category, categorized to budgeted category
    Line 3 of split: amount moved to wallet, categorized to fun money

    You'll need to go back to the budget screen and budget for the categories chosen for lines 2 and 3. 

    If you do have a cash account: 

    Top line of split: net amount deposited
    Line 1 of split: gross amount of check, categorized TBB
    Line 2 of split: transfer to cash account (note this is done in the payee)

    You'll record the cash as gone when you do the spending in the categories, just like always. 

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  • Thank you so much for your quick & clear response.  I get it now!!!

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