Petty cash form 2025

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Petty cash vouchers These are forms completed when funds are taken. The voucher will include transaction date, amount spent, description of purchase, and current supporting receipts. Vouchers should have numbers for ease of use and tracking.
For petty cash accounting, you must create a log detailing your transactions. And, you must record a petty cash journal entry when you put money into the petty cash fund and when money leaves the fund. Consider recording petty cash transactions in your books at least once per month.
The Request for Petty Cash Form is used for emergency purchase of goods where time and convenience do not allow for the normal purchasing process.
Use this form to request petty cash to pay for incidental, low-value expenditures. The form requires the approval of the budget owner of the DeptID to which the requisition is coded and the name of the custodian.
Companies need to reconcile all payments to ensure that the payments recorded actually took place, and that records are accurate and complete. Thus, petty cash reconciliation is the process of assessing petty cash payments and making sure that company records are up to date.
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Petty cash is a small amount of money a company keeps for small, incidental expenses. These minor payments include office supplies, stationery, meals, client lunch, stamps, etc. The number of petty cash funds could change depending on the organizations size.

petty cash sign out form