Petty Cash

Companies often use petty cash to make change for customers and pay for small, unexpected expenses such as office supplies or a small repair

Petty Cash 1 Proper documentation One of the primary challenges of managing petty cash in accounting is ensuring proper documentation of all transactions

Companies often use petty cash to make change for customers and pay for small, unexpected expenses such as office supplies or a small repair

paticash The petty cash voucher must have the following information: Date of disbursement, Amount which is disbursed, Person who received the money, Reason for

Set up cash accounts · Go to Cash and bank management > Petty cash > Cash accounts · Enter the following information Expand table Field

paticash Petty cash refers to the amount used to pay for small expenses of a company issuing a check for which seems unreasonable Payment by check involves a long

Policy The Department Head is ultimately responsible for the basic safety and control of the Cash fund, regardless of who actually handles the transactions,