Petty Cash and Change Funds

What is petty cash? paticash When your petty cash cashier puts money into the petty cash fund, they must create a journal entry in your books The entry must show an paticash Cash count and verification of funds must be performed periodically, at least quarterly, by someone other than the custodian Verification of

paticash Definition of Petty Cash Petty cash or a petty cash fund is a small amount of money available for paying small expenses without writing a check