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A to Z of Petty Cash Management

A to Z of Petty Cash Management

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Definition of Petty Cash Petty cash or a petty cash fund is a small amount of money available for paying small expenses without writing a check

The authorized balance of imprest, petty cash and other revolving funds should be reported as cash in the general ledger in whichever fund expenditures are When your petty cash cashier puts money into the petty cash fund, they must create a journal entry in your books The entry must show an

nagaland lottery 7 Petty Cash Funds To help departments pay for small expenses for everyday business and have cash on hand for these situations, a petty cash fund can be set up In the fixed petty cash system, the chief cashier offers a fixed amount of money for a specified period to the petty cash cashier After

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