paticash
Petty Cash: Overview and Guidelines
Petty Cash: Overview and Guidelines
Petty Cash: Overview and Guidelines paticash Custodian Responsibilities · Ensure that appropriate receipts are obtained to support all disbursements · Ensure that the expenditure is appropriate in nature 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 The cashier creates a journal entry to record the petty cash receipts This is a credit to the petty cash account, and probably debits to
paticash Petty Cash Replenishments Guidelines for acceptable expenditures are available in the Procurement Policy For reimbursements, a Petty Cash Voucher should be 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