Reply To: Need some advice on tracking expenses

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I changed to Xero in July this year. I set up various accounts.
Apart from the business ones, I set up personal accounts that I paid or transfer to, but I call them cash accounts and I don’t have feeds or anything on them because they are personal. I only have feeds on the business accounts. So far, it’s working well.

So my suggestion would be to make an extra Petty Cash account, call it Development Cash or something that relates to you. Put the starting amount as the total $2500 (or whatever) you have spent. And then add your transactions. Hopefully that will make it nil at the end. And then you won’t need to use it anymore, but it will be there to refer to.
Hope this makes sense.

Cheers.