Petty Cash Accounting

website paticash In the fixed petty cash system, the chief cashier offers a fixed amount of money for a specified period to the petty cash cashier After 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 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  Petty Cash · Generally petty cash funds for orgs should be set up in amounts not to exceed $500 · Petty cash funds are not to be used as an  Accounts Payable - Responsible for providing timely replenishment of Petty Cash Funds based on the approval of General Accounting Petty Cash Fund Custodians -

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