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Definition of Petty Cash System


  Definition of Petty Cash System  Petty Cash is the amount of cash that the business withdraws from the bank to keep with the cashier. for business expenses For items that are not very high  Businesses with good internal control systems Rarely bring cash But it's a payment via check. Or transfer to the bank account of the holder of petty cash in hand because 1. Don't worry about carrying large amounts of cash. 2. Easy cash control 3. Document storage and accounting records will be more systematic. 4. Can be examined and used as evidence  The petty cash system is a system in which a certain amount of cash is assigned. When used, there will be an additional withdrawal according to the amount paid. In order to have the amount of petty cash equal to the predetermined limit, so the petty cash check is fast. from the sum of the amount paid and not withdrawn for compensation can be found in petty cash receipts and supporting documents  The process of organizing the petty cash system 1. Determine the appropriate petty cash holder and amount. 2. Every petty cash withdrawal The cashier must have a petty cash withdrawal request form. 3. There must be a stamp of "Paid" every time petty cash is paid. 4. Petty cash must be kept separately from other money. 5. Withdrawal of compensation every time A petty cash payment summary must be prepared with complete supporting documents attached. 6. Follow up is required. trial money 7. Always check and confirm the account record of expenses arising from petty cash.  ------------------------------------------------------------------------------------- Interested in online marketing care services | online marketing | complete graphics | can contact us anytime | brand building | online marketing | online marketing plan | brand building | Facebook fan page care | Take care of LINE OA. You can contact us 24 hours a day.   Details of online marketing services >> https://www.chatstickmarket.com/langran Examples of various brands that we take care of online marketing >>https://www.chatstickmarket.com/portfolio ---------------------------------------------------------------------------------------  💙 Consult our team 💙 📱Tel : 0840104252 📱0947805680 Office Hotline : 034-900-165 , 02-297-0811 (Monday-Friday) 📨 Inbox : http://m.me/ChatStick.TH ┏━━━━━━━━━┓ 📲 LINE: @chatstick ┗━━━━━━━━━┛ or click https://goo.gl/KuzCpM 🎉 See our work at https://www.chatstickmarket.caom/portfolio 🎉 details at http://www.chatstickmarket.com/langrn

Definition of Petty Cash System


Petty Cash is the amount of cash that the business withdraws from the bank to keep with the cashier. for business expenses For items that are not very high


Businesses with good internal control systems Rarely bring cash But it's a payment via check. Or transfer to the bank account of the holder of petty cash in hand because

1. Don't worry about carrying large amounts of cash.

2. Easy cash control

3. Document storage and accounting records will be more systematic.

4. Can be examined and used as evidence


The petty cash system is a system in which a certain amount of cash is assigned. When used, there will be an additional withdrawal according to the amount paid. In order to have the amount of petty cash equal to the predetermined limit, so the petty cash check is fast. from the sum of the amount paid and not withdrawn for compensation can be found in petty cash receipts and supporting documents


The process of organizing the petty cash system

1. Determine the appropriate petty cash holder and amount.

2. Every petty cash withdrawal The cashier must have a petty cash withdrawal request form.

3. There must be a stamp of "Paid" every time petty cash is paid.

4. Petty cash must be kept separately from other money.

5. Withdrawal of compensation every time A petty cash payment summary must be prepared with complete supporting documents attached.

6. Follow up is required. trial money

7. Always check and confirm the account record of expenses arising from petty cash.


-------------------------------------------------------------------------------------

Interested in online marketing care services | online marketing | complete graphics | can contact us anytime | brand building | online marketing | online marketing plan | brand building | Facebook fan page care | Take care of LINE OA. You can contact us 24 hours a day.

Details of online marketing services

Examples of various brands that we take care of online marketing

---------------------------------------------------------------------------------------


💙 Consult our team 💙

📱Tel : 0840104252 📱0947805680

Office Hotline : 034-900-165 , 02-297-0811 (Monday-Friday)

┏━━━━━━━━━┓

📲 LINE: @chatstick

┗━━━━━━━━━┛

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