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E 13 Petty Cash Custodial Agreement Community:, Hereinafter Employee, has been issued a petty cash fund of $. It is understood and agreed that the Employee will be fully responsible for this fund

How to fill out petty cash custodial agreement

How to fill out petty cash custodial agreement:

1. Obtain a copy of the petty cash custodial agreement form. This form can typically be found on your employer's website or from your accounting department.
2. Fill in the necessary personal information, including your name, job title, department, and contact information. Ensure that all details are accurate and up-to-date.
3. Review the terms and conditions of the agreement carefully. Pay attention to any specific instructions or requirements outlined in the document.
4. Consult with your supervisor or manager if you have any questions or concerns regarding the agreement. It is important to have a clear understanding of your responsibilities and obligations as a custodian of petty cash.
5. Sign the agreement once you have read and understood all the terms. By signing, you are acknowledging that you accept the responsibilities and agree to abide by the guidelines outlined in the agreement.
6. Return the signed agreement to the appropriate department or individual as instructed by your employer.
7. Keep a copy of the signed agreement for your records. It is important to have a copy on hand in case any issues or disputes arise in the future.

Who needs petty cash custodial agreement?

1. Employees who are responsible for handling and disbursing petty cash funds in their role.
2. Employers who want to establish clear guidelines and expectations for the custodians of petty cash.
3. Accounting departments or financial officers who need to ensure proper control and accountability of petty cash funds within an organization.

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What is petty cash custodial agreement?

A petty cash custodial agreement is a document that outlines the terms and conditions for the custodian to manage and disburse a small amount of cash for minor expenses.

Who is required to file petty cash custodial agreement?

Any individual or entity that is designated as the petty cash custodian is required to file the petty cash custodial agreement.

How to fill out petty cash custodial agreement?

To fill out a petty cash custodial agreement, the custodian must provide their personal information, the amount of petty cash allocated, the purpose of the petty cash, and any other relevant details.

What is the purpose of petty cash custodial agreement?

The purpose of a petty cash custodial agreement is to establish guidelines for the safe and responsible management of petty cash funds.

What information must be reported on petty cash custodial agreement?

The petty cash custodial agreement must include details such as the name of the custodian, the amount of petty cash allocated, the purpose of the petty cash, and any restrictions or limitations on its use.