What is petty cash book? Write the advantages of petty

Understand petty cash in accounting Find out how a petty cash journal entry is made Read

The petty cash custodian records all transactions and maintains a running balance The custodian may have to justify the expenditures

paticash Tracking Petty Cash Using the Write Checks Function To use the Write Checks function to account for petty cash expenditures, you must set up your Petty Cash

paticash Reconciliation of Petty Cash Funds At the end of each month the custodian must reconcile the petty cash fund to ensure that all money is accounted for using