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How to Set Up Petty Cash for Your Business
How to Set Up Petty Cash for Your Business
How to Set Up Petty Cash for Your Business paticash Petty cash should be used for small payments of goods or services where it is uneconomic or inconvenient to process via purchase order paticash Cashing Petty Cash · Provide your name, department and phone number by email to Treasury Cash, 48 hours prior to cashing your cheque at the bank · Bring to the
paticash Petty cash is a current asset and should be listed as a debit on the balance sheet When first funding a petty cash account, the accountant
paticash 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 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