What is petty cash?

What is Petty Cash & How to Manage it? paticash Petty cash is a small amount of discretionary funds in the form of cash used for minor expenditures The most common way of accounting for petty cash paticash 1 Proper documentation One of the primary challenges of managing petty cash in accounting is ensuring proper documentation of all transactions

paticash Petty cash is a small amount of money a company keeps for small, incidental expenses These minor payments include office supplies, stationery,