Tuesday, October 26, 2021

Petty Cash Control Sheet

Petty Cash Control Sheet. Petty cash is a small amount of cash that any business can keep on their premises in a lockable container, or used by sellers at markets and fairs. Manage your company's secondary cash using this accessible petty cash log template.

Define The Purpose And Use Of A Petty Cash Fund And Prepare Petty Cash Journal Entries
Define The Purpose And Use Of A Petty Cash Fund And Prepare Petty Cash Journal Entries from cnx.org
When autocomplete results are available use up and down arrows to review and enter to select. The simple petty cash book has only two amount columns: Petty cash • departments needing to provide change, or reimbursements should request a petty cash fund from general accounting.

You can also mandate that all petty cash transactions be under a certain dollar amount, like $25.

Petty cash is easy to steal, so make sure you protect it: So if you are planning to introduce one to your business anytime soon, then you should give this template a try. Large businesses maintain petty cash book to reduce the burden of 'main cash book' by recording sundry expenses like postal, stationery, pantry, loading, etc. You can also mandate that all petty cash transactions be under a certain dollar amount, like $25.


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