Petty Cash payment/ evidence

Documents used for petty financial transactions, petty cash expenses, and petty travel expenses, can help to maintain consistency in record-keeping. Document formats make it easier to review past records when searching for the source of system anomalies.

in any point actual cash in hand we can compare with Receipts further It helps in easy accounting and identification of expenses incurred and the type of expenditure and the actual expenditure incurred for each purpose. This can also be used as audit evidence.