The customer handed you $600 in twenties for a Saturday repair. It went in your pocket. Then toward lunch for the crew. Then gas.
It never hit the bank. It never hit the books. And now your numbers say you earned less than you did.
That bites when you apply for a truck loan or a line of credit and the bank sees thinner sales. It bites harder if the IRS ever asks. Cash is still income.
Simple habit: deposit cash payments, all of it, then spend from the account. If you need petty cash, pull it out on purpose and track it.
Books that include every job tell the truth about your business. Let’s get yours there.
— Jake / Wenonah Bookkeeping
