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Petty Cash PolicyCentlec (SoC) Ltd Petty Cash PolicyCENTLEC (SOC) LTD Subject: Petty Cash Policy Directorate: Finance Directorate: Supply Chain Management Custodian: Gm: Supply Chain Management Last
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How to fill out petty cash and change
How to fill out petty cash and change
01
Obtain a petty cash slip or change request form.
02
Fill out the form with the date, amount requested, reason for request, and the requester's signature.
03
Submit the form to the appropriate person for approval.
04
Once approved, receive the requested petty cash or change amount.
05
Record the transaction in the petty cash log or change log for future tracking purposes.
Who needs petty cash and change?
01
Small businesses that require cash for daily expenses such as office supplies, coffee runs, or minor repairs.
02
Employees who need change for cash transactions or need to replenish their cash registers.
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What is petty cash and change?
Petty cash and change refers to a small amount of cash kept on hand by a business for minor expenses or transactions.
Who is required to file petty cash and change?
Any business or organization that handles cash transactions and wants to track and monitor small cash expenses is required to file petty cash and change.
How to fill out petty cash and change?
Petty cash and change can be filled out by documenting the date, amount spent, purpose of the expense, and the person responsible for the transaction.
What is the purpose of petty cash and change?
The purpose of petty cash and change is to provide a convenient way to handle small cash expenses without going through the formal process of writing checks or using credit cards.
What information must be reported on petty cash and change?
The information that must be reported on petty cash and change includes the date, amount spent, purpose of the expense, and the person responsible for the transaction.
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