paticash
Petty Cash Accounting
paticash
website paticash Cash count and verification of funds must be performed periodically, at least quarterly, by someone other than the custodian Verification of paticash Reconciliation of Petty Cash Funds At the end of each month the custodian must reconcile the petty cash fund to ensure that all money is accounted for using
paticash 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 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 Petty cash refers to the notion that every business needs cash on a regular basis to pay for such things as office supplies, mail services,