Get Petty Cash Voucher Online

No. ... Date Enter the date that the petty cash receipt is prepared. Pay To Enter the name of the payee who received the petty cash disbursement. $ (Dollar Amount) Enter the total amount of the payment. Description Enter a brief, but specific explanation of what the funds were used for.

Petty cash or the petty cash fund is a small amount of cash on hand used for paying expenses too small to merit writing a check. ... A petty cash fund can be used for office supplies, cards for customers, flowers, paying for a catered lunch for employees, or reimbursing employees for expenses.

What is a Cash Voucher? A cash voucher is a standard form used to document a petty cash payment. When someone wants to withdraw cash from the petty cash fund, that person fills out the cash voucher to indicate the reason for the withdrawal, and receives cash from the petty cash custodian in exchange.

What Is Petty Cash? Petty cash is a small amount of cash kept on hand to cover small, and often unexpected, expenses that pop up during a business day. You might use money from the petty cash fund to pay for minor expenses such as postage, Uber fares, or reimburse someone $10 for bringing in a box of donuts.

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How much petty cash should you keep on hand? That depends on how many small expenses you make and how often you make them, but most businesses seem fine carrying between $100 and $200 in petty cash.

A petty cash voucher is a standard form used as a receipt whenever cash is withdrawn from a petty cash box. The voucher is typically purchased from an office supply store. ... The vouchers are attached to the journal entry as evidence of the underlying transactions.

The amount of cash taken. The date on which the cash was taken. The name of the person who took the cash. The initials of the person dispensing the cash. The type of expense to be charged.

There are two ways of recording petty cash transactions, either offline or online. The best way to maintain the account is by designating one person to manage the amount and documentation. Regular and detailed monitoring of transactions can keep a check on the reasonable use of funds.

A cash voucher is a voucher that is exchangeable for cash. Store vouchers do not meet this criteria. They are only exchangeable for goods. As many employers give store vouchers to employees at Christmas, it is important that employers are aware of the difference and the tax consequences.