Petty Cash and Change Funds

Petty Cash and Change Funds paticash The petty cash voucher must have the following information: Date of disbursement, Amount which is disbursed, Person who received the money, Reason for paticash A 'Petty Cash Reimbursement' form must be completed, listing all the purchases, applicable taxes and assigning an appropriate account number to every expense

paticash Definition of Petty Cash Petty cash or a petty cash fund is a small amount of money available for paying small expenses without writing a check

paticash Guidelines for Petty Cash In general, a department may have a petty cash fund to allow payment of small value purchases, for which the purchasing card or 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