What is Petty Cash and How to Manage it?

What is Petty Cash and How to Manage it? paticash Menu · Management of Petty Cash · Petty Cash Fund for Management Project · Project Petty Cash Fund · Project Cash on Hand for DIM Projects paticash Petty cash funds are for expenditures connected to approved University activities A sum of money is set aside in an imprest account OR petty cash fund, a fixed

paticash Replenishing Petty Cash or Change Funds · Must include a unique 8-Character Voucher Number · Must use the same Fund number, Department ID, Project, and

paticash The authorized balance of imprest, petty cash and other revolving funds should be reported as cash in the general ledger in whichever fund expenditures are The petty cash custodian records all transactions and maintains a running balance The custodian may have to justify the expenditures