Petty Cash Business Affairs

Petty Cash Policy and Procedures paticash Petty cash is a small amount of discretionary funds in the form of cash used for minor expenditures The most common way of accounting for petty cash paticash Petty cash funds allow employees to make small, authorized purchases without the hassle of filing an expense report This, in turn, reduces bookkeeping tasks,

paticash 2 Fixed system of petty cash Unlike the open system, here, the petty cashier is given a fixed amount of money for a fixed amount of period Once the period is