Petty cash

Petty cash paticash Petty cash is cash that businesses keep on hand for small purchases For instance, a box of staples for an office or an emergency block of cheese for a cafe paticash You mark it as a petty cash fund For cheques, write the amount you want to keep afloat and cash the cheque In your accounting ledger journal

paticash Advantages of Imprest System of Petty Cash Book · It acts as a healthy check on the petty cashier as he has to submit the statement of petty expenses to the

paticash Cash count and verification of funds must be performed periodically, at least quarterly, by someone other than the custodian Verification of Tracking Petty Cash Using the Write Checks Function To use the Write Checks function to account for petty cash expenditures, you must set up your Petty Cash