Petty Cash Policy and Procedures

Petty Cash Accounting paticash Petty Cash · The fund should be reimbursed so that the money on hand will be adequate for your needs over the next 7-10 days · Expenditures must be recorded on paticash Petty cash should be used for small payments of goods or services where it is uneconomic or inconvenient to process via purchase order

paticash The purpose of a petty cash fund is to provide business units with sufficient cash to cover minor expenditures The intent is to simplify the reimbursement