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SCHOOL DISTRICT OF WEST ALLIES MILWAUKEE662.1RuleBoard Policy Manual Page 1 of 2
PETTY CASH PROCEDURESLimitations
The following limitations and procedures shall apply to:
1. Single cash transactions
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What is 6621r - petty cash?
6621r - petty cash is the IRS form used to report the amount of petty cash on hand at the end of the taxable year.
Who is required to file 6621r - petty cash?
Businesses and individuals who have petty cash funds are required to file 6621r - petty cash.
How to fill out 6621r - petty cash?
6621r - petty cash is typically filled out by providing the beginning balance, any additions or deductions, and the ending balance of petty cash.
What is the purpose of 6621r - petty cash?
The purpose of 6621r - petty cash is to report the amount of petty cash on hand for tax purposes.
What information must be reported on 6621r - petty cash?
The information reported on 6621r - petty cash typically includes the beginning balance, any additions or deductions during the year, and the ending balance of petty cash.
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