Petty Cash

Petty Cash Replenishments Guidelines for acceptable expenditures are available in the Procurement Policy For reimbursements, a Petty Cash Voucher should be

You mark it as a petty cash fund For cheques, write the amount you want to keep afloat and cash the cheque In your accounting ledger journal

paticash Because credit cards and online transactions are common nowadays, petty cash funds are no longer necessary for a healthy business spending

paticash When petty cash is used to make purchases, no accounting journal entries are made; instead, they are only made when the custodian needs more money and receives