What Is Petty Cash? How to Set Up & Manage It
What Is Petty Cash? How to Set Up & Manage It
Because credit cards and online transactions are common nowadays, petty cash funds are no longer necessary for a healthy business spending
Petty cash funds allow employees to make small, authorized purchases without the hassle of filing an expense report This, in turn, reduces bookkeeping tasks, Petty cash may be used for small payments of goods or services where the school has no formal account The petty cash expenditure limit should be set by the
lotto alaska winning numbers 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 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
