Get Pta Petty Cash Request/replenishment Form

A petty cash requisition form is a document used to track and authorize the withdrawal of funds from a company's petty cash account. The form records the amount of cash being requested, the purpose of the withdrawal, and the person who is responsible for the funds.

Dear Sir or Madam (or the name of the finance manager), I am writing this email to ask you for the approval of a petty cash request, for the value of (enter requested amount here). This request is for official purposes only and is necessary for the (explain why you need a petty cash withdrawal).

The purpose of a petty cash fund is to provide business units with sufficient cash to cover minor expenditures. The intent is to simplify the reimbursement of staff members and visitors for small expenses that generally do not Exceed $25.00, such as taxi fares, postage, office supplies, etc.

Fixed System: In this system, cashiers are provided with a fixed amount for a specified period. Imprest System: The petty cashier is given a fixed amount for an agreed period. The amount of cash spent by the petty cashier during the period is reimbursed to him.

Petty cash refers to an amount of cash that is used to pay off small expenses. Acquiring this amount of money is a process called petty cash requisition. Requisition of such cash may be asked from a petty cash custodian, who is in charge of holding the company or organization's petty cash.

The custodian is responsible for replenishing the Petty Cash Fund on a regular basis or when the cash fund is running low. Petty Cash is a loan from Banking & Merchant Services, which means the money spent must be replenished at least once to bring the Petty Cash Fund back to its authorized balance.

2 Instructions for Replenishing a Petty Cash Fund Compile the petty cash receipts (see below). Attach the receipts to the corresponding Petty Cash Receipts Summary Form. Fill out an Accounts Payable Check Request. Electronically process a Petty Cash Voucher in ARC​.

When the fund is replenished, the credit to Cash is for the difference between the established amount and the actual cash in the fund. We would debit all vouchered items. Any discrepancy should be debited or credited to an account called Cash Over and Short.

A petty cash fund is simply a box with a supply of cash and a sheet of paper or notebook for tracking the amounts that are added to or subtracted from the fund. To establish a petty cash fund, you must have a balance of starting cash. When that starting amount runs out, you must replenish the fund with additional cash.