What is petty cash?

What should Petty Cash funds be used for? paticash Introduction Petty cash is a nominal sum which is preserved in hand to cover minor expenses, such as reimbursements or other office-related expenses paticash Before a petty cash account is set up, the organization should establish a policy that dictates the maximum amount to be held in the account,

paticash Petty cash refers to the fund that businesses keep on hand to cover minor expenses or make small purchases Read the examples of petty cash