Petty Cash

Petty Cash 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 paticash Petty cash refers to the fund that businesses keep on hand to cover minor expenses or make small purchases Read the examples of petty cash

paticash Reconciliation of Petty Cash Funds At the end of each month the custodian must reconcile the petty cash fund to ensure that all money is accounted for using