What is a small cash?
Most businesses require a small amount of cash for some expenses, such as office supplies and the like. This is usually called petty cash and the word petty is the pronunciation of the corruption of French petit , which means little or small. Most small businesses have a small cash fund around $ 100 (USD). Larger business, especially those with numerous departments, can have a significant amount of this cash held by different administrators.
enterprises may think that it would hardly be necessary for a modern shop to have a small cash offer because it is so easy to use things such as a commercial ATM or credit cards. However, the advantage of cash is that every employee can be used, while the company's card tends to be limited to several users. PETTY CASE Saves the need to provide more employees access to credit cards and maximizes the number of employees who may be employed to operate a walk to get some small thingbusiness.
As with any business expenses, small cash must be carefully monitored. When employees use it, they must provide income for their purchases. Many owners of companies or cash administrators also have to keep the book of expenditure. Alternatively, funds are sometimes recorded through the voucher system. People can make small purchases with their own money and be returned by filling the voucher. Each voucher is a way of monitoring expenditure to make sure they add up.
business that ensures that cash is added up is very important. Not to follow where the cash goes can easily lead to abuse. Businesses usually must make sure that the amount of any income or vouchers plus cash is always equal to the total amount of small cash. As vouchers or income starts to increase and reduce cash, the company adds cash and ensures that all expenditure HAVE byLA properly recorded according to the accounting method used by companies.
Another thing that is important is to ensure that cash is stored in a safe place. Cash is obviously unsecured when it is left in an open place and should be kept in a safe, cash box or something like a locked socket. Usually one person has access to this and is called a depository. In some companies, such as retail stores, there is a significant amount of cash in the registers. It is possible that small cash will be kept in the register, or the employer could simply use the registration funds for small expenses, with vouchers or income to compensate for each register evenly when the trade or register is closed.