Imprest, Petty Cash and Other Revolving Funds

Petty cash should be used for small payments of goods or services where it is uneconomic or inconvenient to process via purchase order

Imprest, Petty Cash and Other Revolving Funds A 'Petty Cash Reimbursement' form must be completed, listing all the purchases, applicable taxes and assigning an appropriate account number to every expense

Petty cash should be used for small payments of goods or services where it is uneconomic or inconvenient to process via purchase order

paticash Petty cash may be used to reimburse an individual for a purchase that was made using hisher personal funds Upon presentation of original, itemized receipts to

Understand petty cash in accounting Find out how a petty cash journal entry is made Read

paticash Helpful Tools · 1 No

Petty cash funds are established for the purpose of enabling departments to complete minor business transactions as part of their daily operations Petty cash