Most companies keep a small amount of cash on hand to pay minor business-related expenses that don't warrant the writing of a check or use of the corporate credit card. A petty cash fund is a ...
Petty cash is generally requested and used for two purposes: small purchases of approved miscellaneous expenditures and/or ‘cash drawer change’ fund activity. A separate Petty Cash Request Change form ...
Petty Cash accounts are approved when a need is established and documented by the department head. Those reasons include, but are not limited to, frequent, small dollar transactions not able to be ...