QB Issue Resolution:

Let’s make this very easy to understand for you.

 

1) Open Petty Cash account (under Bank Type in the Chart of Accounts)
2) Transfer money from bank account to Petty Cash account. This means you’ve $1,000 balance in Petty Cash and $1,000 less in bank account
3) You’ve used $800 from Petty Cash for some items. Expense it from Petty Cash A/C. Now, you’ve $200 left in this account.
4) Deposit $200 back to the Bank account from Petty Cash. Now, you’ve ZERO balance left in Petty Cash account.

Resolution for Issue 'How to record Cash withdrawals used for business expenses?' available: Yes (Solved).
Source: Intuit Community forum.

How to record Cash withdrawals used for business expenses?: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

Support for business expenses
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Error Recovery for business expenses [Canada]
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