Petty Cash Policy Template. For each item of expenditure funded from petty cash, a petty cash voucher should be completed by the petty cash officer. A safe should be used to store all cash.
A safe should be used to store all cash. Each petty cash account will have a stock of petty cash vouchers. For each item of expenditure funded from petty cash, a petty cash voucher should be completed by the petty cash officer.
The Second Worksheet Is A Reconciliation Worksheet To Check Calculated Versus Physical Check Amount Weekly.
20 free petty cash receipt templates (word | pdf) petty cash fund, referred to as petty cash, is a kitty found in companies and businesses, and it’s issued for payment of small expenses such as office supplies, reimbursements, catered lunch, office flowers, newspapers, etc. Have two people responsible for petty cash. 3.1 completed the petty cash application form (appendix 2) available from the finance office;
In Most Large Companies, Each Department Has Its Petty Cash Fund.
Review of petty cash or change funds 1. Policy the department head is ultimately responsible for the basic safety and control of the cash fund, regardless of who actually handles the transactions, and reimbursements. Before an imprest/petty cash float is set up it must be authorised by a head of service and countersigned by a principal accountant or group accountant.
The Petty Cash Voucher Template Contains Basic Details About The Organization.
A petty cash template is may be a petty cash receipt, petty cash voucher and petty cash status report. Keep petty cash locked in a secure drawer or box. Describe here how and when petty cash should be used, as well as usages that are not permitted.
All Petty Cash Funds Are Subject To Periodic Audits.
All petty cash expenses and reimbursements can be recorded and a monthly petty cash report is automatically produced. Use this unique petty cash template to control the expenses which are paid through any petty cash or cash float system. If there is more money, in any case, there is overbalance.
A Petty Cash Float Or Imprest Account Must Only Be Set Up Where There Is A Justified Need For One.
Submit form revise existing petty cash/change drawer fund (appendix a) to the controller’s office for review and approval. This will show the amount of petty cash issued, the nature of the expenditure and the department(s) Importance of petty cash log templates.