Petty Cash

Imprest funds allow the immediate purchase of emergency items necessary to the department's operation These funds may be managed as cash or through bank

A small amount of cash is used to pay for minor expenses and must be refilled The custodian collects all the receipts and slips given to different organization

paticash Petty cash refers to the fund that businesses keep on hand to cover minor expenses or make small purchases Read the examples of petty cash

paticash Petty Cash Funds · Click Here for PDF Version · The purpose of New York University Petty Cash Funds Policy is to provide cash sufficient to