Petty cash

Petty cash paticash Petty cash refers to the notion that every business needs cash on a regular basis to pay for such things as office supplies, mail services, paticash The petty cash custodian records all transactions and maintains a running balance The custodian may have to justify the expenditures

paticash Procedures · Any cash received by an employee to make an approved purchase should be recorded on the Cash Fund Activity Log confirming receipt of the money

paticash 2 Fixed system of petty cash Unlike the open system, here, the petty cashier is given a fixed amount of money for a fixed amount of period Once the period is Menu · Management of Petty Cash · Petty Cash Fund for Management Project · Project Petty Cash Fund · Project Cash on Hand for DIM Projects