Cash on Hand Accounting within QuickBooks Online

QuickBooks Cash on hand accounting

Cash-on-hand accounting keeps the bank account balance and the physical currency safe and secure. Sometimes it might happen that if you are running a small organization and can generate a huge amount of money from the sales. But for doing all the regular things you need cash on hand for example for buying the QuickBooks payroll and the buy supplies will automatically pay you for the other expenses.

Solution for QuickBooks Cash on hand accounting

If in any case, you want to know how much money is cash on hand then you have to subtract the restricted cash from the unrestricted cash and the money which has been left with is cash on hand.