Mastering Petty Cash Reconciliation: Best Practices and Automation
Nanonets
APRIL 19, 2024
Petty Cash Reconciliation: What is It, Best Practices, and Automation Petty cash, also referred to as a small cash fund, is a fixed amount of money reserved for minor expenses in a business. It serves as a control mechanism to maintain accurate financial records and prevent misuse or misappropriation of funds.
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