Petty Cash Management 101: Tips And Techniques

The purpose of a petty cash fund is to provide business units with sufficient cash to cover minor expenditures The intent is to simplify the reimbursement

Companies often use petty cash to make change for customers and pay for small, unexpected expenses such as office supplies or a small repair

paticash Petty Cash Funds To help departments pay for small expenses for everyday business and have cash on hand for these situations, a petty cash fund can be set up

paticash Petty cash is a small sum of money kept on hand by business to meet unexpected small-ticket expenses that may emerge during normal business operations It could