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A petty cash ledger is a financial record used to track all small cash transactions associated with a specific resident, this usually refers to a resident’s personal petty cash account.
In Found, the petty cash ledger:
Allows you to Log all deposits and withdrawals made from a resident’s petty cash account.
Shows a running balance so you and your teams can see how much money a resident currently has available.
Helps ensure that every transaction is traceable, including who deposited or withdrew the funds, the amount, the date, and any associated notes.
Includes options for viewing deleted transactions, providing a transparent audit trail.
Example scenario:
A resident’s family member deposits £50 into the resident’s petty cash. Later, the resident uses £10 for a hairdressing service. Both transactions - deposit and withdrawal - are recorded in the ledger, and the resident’s balance is updated to £40. The ledger will reflect:
Deposit: £50 from family member
Withdrawal: £10 for hairdressing
Balance: £40
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