Course facilitater


Replenishing petty cash account end of month



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Replenishing petty cash account end of month

For this purpose, the money in the main cash book is transferred money to the petty cash book and at the same time specialty, we must care about how much money was spent and for what purpose, next, make a replenishing petty cash balance. give authority and responsibility to the main cash book holder to replenishing the petty cash book



Create a permanent record of each transaction made by an entity

We can enter the details in the main cash book and also we can recode in cheques receipt. And we must attach support document (bill, vouchers) then we can identify whether these were incurred due to a factor, Entry in the books of accounts should be made immediately upon transfer of funds.




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