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PETTY CASH/CHANGE FUND CANCELLATION I, hereby request that the Petty Cash/Change Fund assigned to, in the amount of $ be closed. At this point, I am returning: () Cash $ () Receipts $ Total $$0.00

How to fill out petty cashchange fund cancellation

How to fill out petty cash/change fund cancellation:

1. Obtain the appropriate form or template for petty cash/change fund cancellation from your organization's finance or accounting department.
2. Fill out the necessary information on the form, such as the date of cancellation, the name of the individual or department responsible for the petty cash/change fund, and the reason for the cancellation.
3. Specify the remaining balance in the petty cash/change fund to be cancelled. This should be the actual cash amount or the total value of any remaining receipts or vouchers.
4. Provide any additional documentation or proof, if required, to support the cancellation request.
5. Sign and date the form, and ensure that any other required signatures or approvals are obtained.
6. Submit the completed petty cash/change fund cancellation form to the appropriate authority or department for further processing.

Who needs petty cash/change fund cancellation:

1. Organizations or companies that have a petty cash or change fund system in place may need to cancel these funds for various reasons. This could include cases where the fund is no longer needed, the responsible person or department is changing, or there has been a misuse or loss of funds.
2. Individuals or departments within an organization who are responsible for managing petty cash or change funds may initiate the cancellation process when the funds are deemed unnecessary or when a change in responsibility occurs.
3. The finance or accounting department within an organization typically oversees and processes petty cash/change fund cancellation requests and ensures that proper procedures are followed.

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What is petty cash/change fund cancellation?

Petty cash/change fund cancellation is the process of terminating or eliminating a petty cash/change fund that is no longer needed or being used.

Who is required to file petty cash/change fund cancellation?

Those responsible for managing petty cash/change funds within an organization are required to file petty cash/change fund cancellation.

How to fill out petty cash/change fund cancellation?

To fill out petty cash/change fund cancellation, you typically need to provide details about the fund, reason for cancellation, approval from authorized personnel, and any remaining balance.

What is the purpose of petty cash/change fund cancellation?

The purpose of petty cash/change fund cancellation is to properly discontinue a fund that is no longer necessary, ensuring proper accounting and financial management.

What information must be reported on petty cash/change fund cancellation?

Information such as fund details, reason for cancellation, remaining balance, approval signatures, and any necessary supporting documentation must be reported on petty cash/change fund cancellation.