PETTY CASH DISBURSEMENT PROCEDURES

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

As the petty cash is used and the fund diminishes, it is replenished to the original fixed amount This is typically done by submitting the recorded expenses

paticash 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,

paticash Procedures · Any cash received by an employee to make an approved purchase should be recorded on the Cash Fund Activity Log confirming receipt of the money