What is Petty Cash and How to Manage it?

Petty Cash paticash Understand petty cash in accounting Find out how a petty cash journal entry is made Read paticash How to set up a petty cash management system · Appoint someone as petty cash custodian · Fund the account · Secure the funds · Establish

paticash Typically, petty cash is locked in a small box and is replenished frequently to ensure cash is available for any urgent purchases In most cases this is for