What is Petty Cash & How to Manage it? paticash Petty cash is a small amount of money a company keeps for small, incidental expenses These minor payments include office supplies, stationery, 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
paticash Because credit cards and online transactions are common nowadays, petty cash funds are no longer necessary for a healthy business spending
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