What is petty cash management and how to maintain it

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Imprest Petty Cash: In the imprest system, a fixed, predetermined amount of cash is kept for a certain period, which normally does not fluctuate

Petty cash is a small amount of discretionary funds in the form of cash used for minor expenditures The most common way of accounting for petty cash The meaning of PETTY CASH is cash kept on hand for payment of minor items

indu prakash bhavishyvani today Site-specific navigation · RECONCILING CHANGE FUNDS 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