What is Petty Cash Reconciliation? F&A Glossary

In the fixed petty cash system, the chief cashier offers a fixed amount of money for a specified period to the petty cash cashier After

Petty Cash is a method of facilitating payment of small amounts of the purchase of minor office supplies items and small expenses payments such as carfares

paticash Maintain the initial amount The amount in your petty cash box should always remain constant Once you begin creating the petty cash float, your

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