20 Petty Cash Log Template

Written By Anonymous Thursday, November 14, 2019 Add Comment Edit

Petty cash or a petty cash fund is a small amount of cash available in hand for paying minor expenses such as employee reimbursements or office supplies without writing a check. Advertisement at the end of the reporting period or when the petty cash log is filled up the custodian in charge of the cash will count the money and compare to the ending balance on the form.

Daily Cash Count

Petty cash log templates are used in managing and tracking petty cash.

Petty cash log template. This page contains 40 ready to use petty cash log templates forms. A petty cash log is required to record every transaction for managing this petty cash program and also provide a petty cash form for each use. A petty cash log can be taped to the envelope or stored with the cash so that whenever you remove or add cash you can use the form to record the date payee purpose and amount.

A petty cash template can be defined as a small piece of payments kept on hand by some company or individual for purchases is called a petty cash. This template includes date receipt description deposits and withdrawals. If there is more money in any case there is overbalance.

11 petty cash log templates examples pdf a petty cash log as you may have gathered from its name is a document that a company or a business uses to record the small amounts of cash that they spend such as for reimbursing an employee for buying office supplies paying the postal courier paying for food and a company meeting and other miscellaneous expenses that require payment in cash. Download these 15 free petty cash log templates to understand how a petty cash log is maintained and hence create your own petty cash log easily. There are several log sheet templates that you can use in making petty cash long including records of every deposit and withdrawal from the petty cash account.

A petty cash log is a document to record all the important financial information. Most businesses use petty cash but do not account for it this means that you are not recording all the business transactions. These small expenses are recorded in the companys general ledger expense accounts when the petty cash log template is replenished to the decided float level.

Our petty cash template will make it easier to log your transactions which you can then record in your accounts software or spreadsheet. Manage your companys petty cash using this accessible form. At the point when the cashier starts counting the money and finds that it doesnt exist there will be what is called an under balance.

For this purpose a proper petty cash log template is used. Without a properly maintained petty cash log there is always a chance of misappropriation in funds fixed for this purpose. A petty cash log exactly keeps track of all the inflows and outflows of the petty cash.

Petty Cash Excel Template Free Petty Cash Log Spreadsheet