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How to make petty cash voucher


how to make petty cash voucher

The custodian should give the completed list and accompanying receipts to the designated accounting clerk.
Forward Completed Forms To: Accounts Payable (usnh, KSC, PSU as applicable).
When preparing the INV to replenish the fund, be sure to credit the original foapal charged if there is cash returned by the employee.
The person being reimbursed completes a reimbursement voucher.The type of expense to be charged.6, create a petty cash transaction log.A petty cash voucher is usually a small form that is used to document a disbursement (payment) from a petty cash fund.12 If you find that you need more money in your petty cash, you can increase the balance of the fund at any time.The petty cash voucher should provide space for the date, amount disbursed, name of person receiving the money, reason for the disbursement, general ledger account to be charged, and the initials of the person disbursing the money from the petty cash fund.For example, if the 100 initial balance is insufficient to pay the expenses the majority of time, increase the fund to 200 by writing a check to the custodian for a second 100.The first payment to petty cash should be placed in the log as a petty cash deposit.Make sure you get one with a money tray so the bills and change can be easily organized.If there is a petty cash book, the custodian enters the amount of the cash received in the book, and updates the running total where can i buy chimney sweep brushes of cash on hand.Related Courses, bookkeeping Guidebook, corporate Cash Management.Petty cash vouchers are also referred to as petty cash receipts and can be purchased from office supply stores.5, to add an extra layer of protection, the drawer you keep the box in can also have a lock.The check amount should be sufficient to handle most cash purchases for the time period you choose, but not so large as to encourage theft.Disburse Petty Cash, the disbursement procedure for petty cash is designed to provide sufficient documentation of each expenditure, as well as proof that funds were actually disbursed.Start Our Accounting Course.Any 5 seconds of summer she's kinda hot variation may mean a purchase was not accounted for.A petty cash voucher is a standard form used as a receipt whenever cash is withdrawn from a petty cash box.Record vouchers in general ledger.The recipient of cash should then sign the voucher; this provides proof that the custodian did not fill out the voucher and simply pocket the corresponding amount of cash.
The cashier gives the cash to the petty cash custodian, who includes it in the petty cash fund.
The official version of this information will only be maintained in an on-line web format.


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