Workbook 05
Cash Management
Cash Management keeps a bank register you can reconcile and gives a home to money that moves outside your main bank accounts: tips, petty cash, cash envelopes, and payments through Venmo, Cash App, and PayPal, including platform fees when they apply.
- The Bank Register: checks, card payments, transfers, withdrawals, and deposits
- Reconcile against your bank balance with a running true balance
- The Cash Tracker for tips, petty cash, and cash envelopes
- Separate sheets for Venmo, Cash App, and PayPal
- Import an export from each platform and reconcile it to the balance
- Platform fees tracked as expenses instead of disappearing into the total
Included in every paid membership
All five Money Mastery workbooks are included with Rise at $49.99 a month and every paid membership above it. Start where you need the most clarity and use the rest of the system as you go.
The money that moves outside your bank
If you take cash or get paid through an app, this is where that money becomes part of your numbers alongside everything else.
A register you can reconcile.
Checks, card payments, transfers, withdrawals and deposits, reconciled against the bank balance, with a running true balance you can rely on from one month to the next.
Cash in and cash out, in one place.
Built for tip cash, petty cash and envelope systems, with an accurate running balance, so the cash you handle is counted alongside the rest of your money.
Venmo, Cash App and PayPal each get their own sheet.
Import the export from each platform, categorize it, and reconcile to the platform balance. They are separate on purpose: their fee structures and export formats do not behave the same way.
Fees counted, not absorbed.
A percentage taken on the way through is a real expense. Tracking it is the difference between knowing your margin and estimating it.
Savings FundsTarget · current
- Emergency Fund$2,500 of $5,000
- Vacation Fund$1,200 of $3,000
- New Car Fund$2,500 of $8,000
- Home Down Payment$6,000 of $15,000
- Holiday Gifts$1,600 of $1,500
And around the system, the Money Mastery Collective.
Every membership includes the Money Mastery Collective, beginning with La Soglia, and inside it you can ask questions, talk through the decisions behind your numbers, share what is working, and learn alongside other women business owners who want to know what their money is doing.
You can see your own numbers before you pay anyone.
La Soglia is the free membership and it stays free. Join it and you get the Net Worth Tracker, a Google Sheets™ file, and the Money Mastery Collective.
Start free with La Soglia → See every membership