Petty cash is a small amount of cash on hand used for paying expenses too small to merit writing a check. Learn how to balance petty cash in accounting.

Tracking petty cash is an important aspect of small-business financial management. Failure to do so may leave you with an incorrect or incomplete picture of your company's financial situation. It ...

Petty Cash Process. Complete a Petty Cash Voucher Form (available from the Hub). Be sure to complete the business purpose, clearly indicating the relationship of the expenditure to RIT (this is an ...

Petty cash is generally requested and used for two purposes: small purchases of approved miscellaneous expenditures and/or ‘cash drawer change’ fund activity. A separate Petty Cash Request Change form ...

Petty cash funds are to be maintained on an imprest basis, which means the amount of the fund must remain constant. The total value of currency, coin and petty cash receipts on hand should always ...

Petty cash and change fund checks can be cashed at the Office of Cash Management (OCM) but keep the following in mind: If you require multiple denominations and rolled coins, please call OCM in ...

Petty Cash . Petty cash is a small amount of cash that an organization keeps on hand to cover minor and everyday expenses, such as office supplies, postage, or small reimbursements, without the ...