By using a Bank account to track your petty cash, it will appear at the top of your balance sheet reports with your other savings and checking accounts.
Note: To display this account at the top of your Chart of Accounts and at the top of your balance sheet, click on the diamond next to the account name and drag it to the top of the Chart of Accounts list.
If you prefer to make only one entry per day or week for your petty cash expenses, use the Splits feature for cash that was spent on items represented by different expense accounts.
If you use business cash for personal expenses, you can keep track of the amount now owed to the business. Refer to the “Mixing business and personal funds” document available from the Document section of the New Company Setup Assistant.