Keep petty cash on hand in your business to cover small unexpected expenses. These expenses can include paying postage, tipping delivery people, purchasing supplies, buying gifts and more. The ...
A petty cash fund is a modest amount of money kept to provide company cash for small incidental purchases and emergencies. The amount varies from office to office depending on need but can range from ...
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 ...
It is sometimes necessary for a department to have on hand cash from which to pay minor emergency payments or make change. The Executive Director of Accounting provides for this by use of an imprest ...
Petty cash funds must be used only to purchase incidental items of a nominal amount for which other established university procurement methods are not feasible. Nominal generally means $60 for study ...
University organizational units may be provided a designated amount of cash for payment of incidental expenses of a nominal amount that require cash payment and that are not appropriately billed by ...