The Petty Cash Book template has 2 sections which are mentioned below: Header Section, and Petty Cash Entry Section. Definition of Petty Cash Voucher. Cash Book: A cash book is a financial journal that contains all cash receipts and payments, including bank deposits and withdrawals. A simple format of petty cash book is given below: Example. Always the voucher would show the amount, purpose, recipient, general ledger account number and date relating to the expenses. The right-hand corner of the cell in blue display the amount of Petty Cash on Hand.
March 01: Balance brought forward; petty cash $50. Header Section. The petty cash voucher should provide space for the following: The petty cash book is a book of vouchers which are made each time an expense is made from petty cash (money). The purpose of a Petty Cash Fund is to allow for the reimbursement or purchase of minor, small-dollar (less than $100), unanticipated business expenses, where the use of alternative means is neither feasible nor cost effective. The petty cashier of John and James Company paid cash for the following expenditures during March 2018. A petty cash book is a book of vouchers which are prepared each time a disbursement is made from petty cash. What is a petty cash voucher? The header section consists of Your Company/Business Name and template heading “Petty Cash on Hand”. When the account goes below a certain specified amount, the system is replenished.
Petty Cash Book.
A petty cash voucher is usually a small form that is used to document a disbursement (payment) from a petty cash fund.Petty cash vouchers are also referred to as petty cash receipts and can be purchased from office supply stores..
Format of petty cash book. Petty cash works on the imprest system, in which there is an initial amount of money put into an account, which is drawn upon for a specific purpose (in this case, petty cash). March 01: The amount of petty expenditures for previous moth reimbursed by chief cashier $200.