Petty Cash and Cash Voucher

Petty Cash and Cash Voucher paticash A small amount of cash is used to pay for minor expenses and must be refilled The custodian collects all the receipts and slips given to different organization 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 Set up cash accounts · Go to Cash and bank management > Petty cash > Cash accounts · Enter the following information Expand table Field

paticash Typically, petty cash is locked in a small box and is replenished frequently to ensure cash is available for any urgent purchases In most cases this is for Petty cash funds allow employees to make small, authorized purchases without the hassle of filing an expense report This, in turn, reduces bookkeeping tasks,