Hints and tips for treasurers of small volunteer organizations.

Petty Cash

So you've got these bank accounts, and you want to add cash to the mix. if you're keeping a cash box somewhere, a "Petty Cash" asset account will let you reflect this on the books. Petty Cash is a very useful tool, but it can be challenging to get the process and paperwork right, consistently, leading to writeoffs of lost cash.

Syndicate content