Petty Cash Accounting

Petty Cash Accounting paticash Any time a member of your team takes some petty cash for a purchase, they should record it in the log book with details about how much was taken paticash Petty cash can sometimes be used in place of the university purchasing process where appropriate, for example, as reimbursement for small, incidental department

paticash Petty cash reconciliation is the process by which the business ensures that its cash funds are being spent according to internal guidelines and policies and

paticash Accounting Entry Used to replenish the cash in the petty cash account This account is not changed unless there is a change in the value of the petty cashcash Procedures · Any cash received by an employee to make an approved purchase should be recorded on the Cash Fund Activity Log confirming receipt of the money