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Petty cash: What it is and how it's used
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website paticash Imprest Petty Cash: In the imprest system, a fixed, predetermined amount of cash is kept for a certain period, which normally does not fluctuate paticash Petty Cash · Generally petty cash funds for orgs should be set up in amounts not to exceed $500 · Petty cash funds are not to be used as an
paticash A revolving fund account is established by the legislative body for specific amounts and uses As Petty Cash Replenishments Guidelines for acceptable expenditures are available in the Procurement Policy For reimbursements, a Petty Cash Voucher should be A 'Petty Cash Reimbursement' form must be completed, listing all the purchases, applicable taxes and assigning an appropriate account number to every expense
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