Petty Cash & Record Sheets
Are you running a business or working in any organization? If yes then you might know the value of petty cash and it’s monitoring in a corporate. Petty cash is a small proportion of currency kept at the office or reception for little or emergency expenses. The cash is kept secured and a log is maintained to monitor the flow of this cash.
Uses of petty cash
- Purchase of daily minor items as stationery, snacks or beverages etc.
- To give as change
- Holding some amount of money that is not sent to bank account
A typical petty cash holder is a box in which separate sections remade to keep notes, coins, and vouchers. A lock system is installed for safety. You have to decide the floating amount initially that you withdraw from your bank account to keep as petty cash. Do not forget to take some coins of the cash and write a voucher about this petty cash which has to be stored with the petty cash.
Another crucial thing in holding and maintaining petty cash is the use of a petty cash log book. This petty cash register should include the initial and daily petty cash in and out flow. You can buy an ordinary notebook and record your daily log into it or you can easily download free templates for petty cash log. The user-friendly customizable option drafts a precise log where you can add your petty cash entry with no hassle.
Download your file below.
Petty Cash Log Template
File Size: 33 KB