Petty Cash

Best Practices for Petty Cash Management · Set Clear Guidelines: Establish clear guidelines on the purpose and usage of petty cash · Define Spending Limits:

When the Fiduciary or Custodian of a Petty Cash or Change fund changes, the fund should be reimbursed to its original amount; any overagesshortages should be

paticash Imprest funds allow the immediate purchase of emergency items necessary to the department's operation These funds may be managed as cash or through bank

paticash Custodian Responsibilities · Ensure that appropriate receipts are obtained to support all disbursements · Ensure that the expenditure is appropriate in nature