A well run small/medium enterprise has instigated appropriate procedures for the recording of petty cash transactions.
This paper gives a commentary on petty cash record keeping and also includes an example of petty cash transactions, together with samples of a Petty Cash Voucher and the layout of a Petty Cash Book.
The paper is presented in eight pages, under the headings:
- Control Of Petty Cash
- Separate Petty Cash From Normal Cash Funds
- Imprest System
- Petty Cash Book
- Petty Cash Flow Chart
- Headings In Petty Cash Book
- Petty Cash Vouchers
- Example Of Petty Cash Transactions
- Out Of Pocket Expenses
- Payments Out Of Cash Register
