Having the right amount of petty cash on hand enables a business to respond quickly to business needs as they arise. With proper controls, a petty cash fund is a valuable tool that keeps business ...

Petty cash is a convenient way to pay for expenses such as stamps and emergency purchases too small to pay for with a business check. Although you can fund a petty cash account in any amount, ...

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 ...