Get the free Petty Cash Resolution - wfca wa

Sample Resolution AUTHORIZING A REVOLVING PETTY CASH FUND AND NAMING AS THE CUSTODIAN OF SAID FUND County Fire Protection District No. RESOLUTION NO. WHEREAS: Fire district operations require several

How to fill out petty cash resolution

How to fill out petty cash resolution:

1. Start by obtaining the necessary form: Locate the petty cash resolution form either from your company's internal documentation or by reaching out to the appropriate department, such as Finance or Human Resources.
2. Understand the purpose and requirements: Read the instructions provided on the form to fully comprehend the purpose and requirements of the petty cash resolution. This will ensure that you provide accurate and complete information.
3. Fill in the date and company details: Begin by entering the current date in the designated space on the form. Then, provide the company's name, address, and any other required contact information.
4. Identify the purpose: Specify the reason for filling out the petty cash resolution. This could be to establish a new petty cash fund, make changes to an existing one, or close the fund altogether. Clearly state the purpose in the appropriate section of the form.
5. Provide details of the petty cash custodian: Enter the name and job title of the individual who will be responsible for handling and managing the petty cash fund. Include their contact information, such as phone number or email address.
6. Determine the fund limit: Specify the maximum amount of money that will be maintained in the petty cash fund. This limit should align with your company's policies and needs. It is crucial to set a reasonable amount that is sufficient for day-to-day expenses but also manageable to administer.
7. Define the authorized expenses: Clearly outline the types of expenses that are allowed to be reimbursed through the petty cash fund. Common authorized expenses include office supplies, minor repairs, and business-related travel expenses. Make sure to consult your company's guidelines to ensure accuracy.
8. Include any additional requirements: If there are any unique or extra requirements for the petty cash resolution, such as specific approval processes or reporting procedures, indicate them in the appropriate section of the form.

Who needs petty cash resolution:

1. Small businesses: Petty cash resolution is particularly relevant for small businesses that handle cash transactions regularly, as it helps maintain control and accountability for the cash flow.
2. Non-profit organizations: Non-profit groups often deal with small cash expenses for event supplies, donations, or volunteer reimbursements. Implementing a petty cash resolution provides a systematic approach for managing these expenses.
3. Educational institutions: Schools and colleges may require petty cash resolution to handle minor expenses such as classroom supplies, field trips, or faculty reimbursements.
4. Government agencies: Petty cash resolution can be essential for government departments or agencies that need to manage small cash expenditures efficiently and transparently.

In conclusion, filling out a petty cash resolution involves obtaining the necessary form, understanding its purpose, providing company details, identifying the fund custodian, determining the fund limit, defining authorized expenses, and including any additional requirements. Various organizations, including small businesses, non-profit organizations, educational institutions, and government agencies, may require a petty cash resolution to streamline cash management processes and ensure accountability.

For pdfFiller’s FAQs

What is petty cash resolution?

Petty cash resolution is a formal document that outlines the procedures and guidelines for the management of petty cash in an organization.

Who is required to file petty cash resolution?

Typically, the finance department or the person responsible for managing petty cash is required to file the petty cash resolution.

How to fill out petty cash resolution?

Petty cash resolution can be filled out by detailing the starting amount of petty cash, documenting any disbursements or replenishments, and obtaining approvals for any expenses.

What is the purpose of petty cash resolution?

The purpose of petty cash resolution is to establish controls and accountability for the use of petty cash funds within an organization.

What information must be reported on petty cash resolution?

Information such as the starting balance, receipts for expenses, any replenishments, and any overages or shortages must be reported on petty cash resolution.

Can I create an electronic signature for signing my petty cash resolution in Gmail?

With pdfFiller's add-on, you may upload, type, or draw a signature in Gmail. You can eSign your petty cash resolution and other papers directly in your mailbox with pdfFiller. To preserve signed papers and your personal signatures, create an account.

Can I edit petty cash resolution on an iOS device?

Use the pdfFiller app for iOS to make, edit, and share petty cash resolution from your phone. Apple's store will have it up and running in no time. It's possible to get a free trial and choose a subscription plan that fits your needs.

Can I edit petty cash resolution on an Android device?

You can make any changes to PDF files, such as petty cash resolution, with the help of the pdfFiller mobile app for Android. Edit, sign, and send documents right from your mobile device. Install the app and streamline your document management wherever you are.