Business Law & Regulations, Finance
August 1, 2018
Via: Fit Small BusinessPetty cash is a convenient way to cover small expenses but without the proper documentation, a company’s petty cash program can be abused or mismanaged. Managing petty cash means providing a petty cash form for each use and recording every […]
Business Law & Regulations, Finance
August 1, 2018
Via: Fit Small BusinessA petty cash fund is a small amount of money, usually under $500, used to cover incidentals. Petty cash accounting involves establishing a petty cash policy, setting up a petty cash log, creating journal entries, and reconciling the petty cash […]
July 10, 2024
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