paticash
Petty Cash
paticash
website paticash If there were cash overage, the petty cash account would be debited and the cash over and short account would be credited In this case, the expense balance paticash Best Practices for Petty Cash Management · Set Clear Guidelines: Establish clear guidelines on the purpose and usage of petty cash · Define Spending Limits:
paticash Petty cash is a current asset and should be listed as a debit on the balance sheet When first funding a petty cash account, the accountant Tracking Petty Cash Using the Write Checks Function To use the Write Checks function to account for petty cash expenditures, you must set up your Petty Cash 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