Petty Cash Accounting

Petty cash is cash that businesses keep on hand for small purchases For instance, a box of staples for an office or an emergency block of cheese for a cafe

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

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 Petty cash is a small amount of money a company keeps for small, incidental expenses These minor payments include office supplies, stationery,