There are two dates mentioned on the receipt as: Date – The date is also mandatory on the petty cash voucher.This individual has been chosen to secure and protect the money in the petty cash fund and is responsible for controlling and assigning the sequel number on the petty cash voucher. – The sequel number has been assigned by the Custodian of the petty cash fund.
Title –This is the heading on the receipts, and it usually reads “petty cash” this description also includes the name of the company or business using the voucher.How to use – Most companies include short guidelines on how to use petty cash.The amount on the cash request forms should be equal to the amount of cash withdrawn from the fund.įor a petty cash voucher to help track the small amounts of money being spent, an employer should confirm if all the elements mentioned below have been included in a petty cash receipt. These vouchers help in tracking money taken from the fund, which is also logged into the petty cash logs.Ī petty cash voucher can also be used alongside petty cash request forms to replenish the petty cash fund if it’s depleted. The receipt is used to justify any spending from the petty cash fund. The petty cash voucher features essential details about the transaction, including:
The petty cash receipt is also known as the petty cash voucher. The petty cash fund is managed via petty cash receipts when any money is withdrawn from the fund, a receipt must be issued to record the transaction. An employer should never forget that the small transactions lead to a considerable amount of money being used and petty cash receipts are best for such calculations. This is because a receipt is used to keep track of how and where the money is being spent. Since petty cash deals with unexpected and small expenses, it is best if an employer has a petty cash receipt for every transaction made.
0 kommentar(er)
