Discover the role of petty cash in business, from handling small expenses to balancing accounts. Learn the steps for proper management and recording.

Petty cash used for study subject payments should be established exclusively for this purpose. See the Study Subject Payments section on the Proper Use of Petty Cash Funds page. Refer to the PSC ...

Some people may not know what to look for when reconciling petty cash and reviewing its controls. Checks and balances should exist in handling, ...