Petty Cash

Petty Cash paticash Cash count and verification of funds must be performed periodically, at least quarterly, by someone other than the custodian Verification of paticash Petty Cash is a method of facilitating payment of small amounts of the purchase of minor office supplies items and small expenses payments such as carfares

paticash Petty cash is a small amount of cash belonging to a business and kept on its premises Typically, petty cash will be used for small incidental office costs