Petty cash

Petty cash paticash Before a petty cash account is set up, the organization should establish a policy that dictates the maximum amount to be held in the account, paticash Before a petty cash account is set up, the organization should establish a policy that dictates the maximum amount to be held in the account,

paticash The custodian should be the only person with physical access to funds Petty cash should be maintained on an imprest basis, which means that the amount of the

paticash Cash count and verification of funds must be performed periodically, at least quarterly, by someone other than the custodian Verification of A Petty Cash Fund is a cash fund kept secured for immediate use when a UVM purchase order or a UVM purchasing card cannot be used Petty Cash transactions are