Mastering petty cash in 2024: What it is and how to manage it

Petty Cash paticash The small amount of extra money a business keeps on hand is known as petty cash If you work at your aunt's hardware store, she may give you ten dollars out paticash How to set up a petty cash management system · Appoint someone as petty cash custodian · Fund the account · Secure the funds · Establish

paticash When the Fiduciary or Custodian of a Petty Cash or Change fund changes, the fund should be reimbursed to its original amount; any overagesshortages should be