Petty Cash Log

petty cash log
petty cash log
Petty cash log business name for 04/01/2016 through 04/02/2016 date 4/1/2016receipt no. 9074/2/20161200description deposit to petty cash movie passes for overtime workersbalance $31.47amount deposited $50.00amount withdrawn$18.53charged to petty...
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What is Petty Cash Log?

A petty cash log is a detailed record of all petty cash transactions that occur within a business. It is used to track the inflow and outflow of small amounts of cash that are kept on hand for minor expenses.

What are the types of Petty Cash Log?

There are two main types of petty cash logs: manual and electronic. Manual petty cash logs involve physically writing down each transaction in a logbook, while electronic petty cash logs are created and maintained using software or online tools.

Manual Petty Cash Log
Electronic Petty Cash Log

How to complete Petty Cash Log

Completing a petty cash log is a straightforward process that involves recording every cash transaction accurately. Here are some steps to help you complete a petty cash log:

01
Record the date of the transaction
02
Enter the amount of cash spent or received
03
Specify the purpose of the transaction
04
Keep a running total of the remaining petty cash balance

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