is cash provided to pay for expenses that are relatively small and uneconomic when given with checks such as Entertainment clien funds or co-workers leading consumption funds for office supplies meetings and so on
Definition small cash
nominal amount is limited used to fund small, small transactions that are routinely stored in a special place that is Petty cash box and last held by Junior love
Characteristics small cash
dealing with problems with office supplies or supplies experienced by a part of the office avoid uneconomic means of payment ease the burden of employees in providing maximum service to customers accelerate the activities of supervisors who use funds suddenly and unplanned in advance
small cash purpose
the establishment of small cash funds i.e.
identify small cash needs and estimate the
amount of small cash funds by taking into account one period in a period of three to four weeks
small cash management
procedures small cash application form contains one fund for part two of the small cash period until the initial fund of small cash 4 balances description of the total amount approved by the received by and the date