💵Cash balance as spender (team member)

💡 What is Cash Balance?

Whenever you withdraw cash using your Pemo card, it’s tracked automatically. Your Cash Balance shows whether you owe the company or are due a reimbursement.

It is a simple sum of the difference between cash you've withdrawn using your company's Pemo card and Out of pocket expenses you've submitted in Pemo.

📊 Reading Your Cash Balance

• 🔴 Negative Balance: You withdrew cash that needs to be settled– submit out of pocket expenses to settle it

• 🟢 Positive Balance: You’ve spent using your personal funds which you now need to be reimbursed for.

Watch the below video to see a real life example of how it works

1) Cash withdrawals explained

• This is when you use your Pemo card to withdraw cash

• The amount is immediately shown in your balance

• You’ll see a negative balance, meaning you owe that amount

2) Out of pocket expenses explained-.

Out-of-pocket expenses are payments a team member makes using their own personal funds and later submits for reimbursement. These expenses still need to be logged in Pemo for proper tracking. See out guide below on how to submit out of pocket expenses.

1. Open the Pemo App: Go to the Expenses tab and select Pocket expense.

2. Fill in the Expense Details:

• Date of purchase

• Amount

• Store/merchant

1. Attach Receipt: Take a photo or upload the receipt directly from your mobile device.

2. Add Comments (Optional): Include any relevant notes or tags for better tracking.

3. Save the Expense: Once the details are complete, tap Submit to log the expense in your account.

✅ Once it’s approved, the amount will reduce your cash balance.