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Petty Cash Agreement Form

Petty Cash Agreement Form

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Instructions and help about petty cash custodian agreement

hello everyone in the prior session we discussed internal control over cash dispersements we emphasize the point that all cash dispersements all cash leaving the company should be made in a form of a check and we explain why now in the real word these days most dispersements are made electronically the same internal control would apply in this session we are going to deviate from that check dispersement we are going to disperse money using actual cash and this what brings us to this topic called Petty cache first let me start with an analogy explaining what Petty cach is so this way it's a very simple concept but first I want you to understand it think of py cash as an emergency fund but it's a small emergency fund or I would say more not an emergency fund as a small change jar just just like how you might keep a small amount of money at home for quick unexpected purchases like grabbing a coffee or paying for parking petty cash saves serves the same purpose but for a co

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