Petty Cash and Cash Voucher

Petty Cash and Cash Voucher paticash The purpose of the petty cash fund is to provide cash on hand for a department to reimburse small recurring expenses of $100 or less to employees The purpose paticash The small amount of extra money a business keeps on hand is known as petty cash If you work at your aunt's hardware store, she may give you ten dollars out

paticash Introduction Petty cash is a nominal sum which is preserved in hand to cover minor expenses, such as reimbursements or other office-related expenses

paticash Because credit cards and online transactions are common nowadays, petty cash funds are no longer necessary for a healthy business spending Petty Cash is a method of facilitating payment of small amounts of the purchase of minor office supplies items and small expenses payments such as carfares