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Petty cash book definition

Accounting Tools

Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash Optimal Accounting for Cash What is the Petty Cash Book? The petty cash book is a recordation of petty cash expenditures, sorted by date. Thus, the book is part of a manual record-keeping system.

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Petty Cash Management 101: Tips And Techniques

Invoicera

Summary Petty cash is a small amount of money a business keeps to cover little expenses. It is essential to manage petty cash effectively. But how to handle petty cash when everyone is switching to digital payments? Let’s begin with learning the definition of petty cash.

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The Ultimate Expense Management Guide for Businesses

Nanonets

In the last decade, the advent of AI and cloud computing has revolutionized this field. Approval workflow is integrated into the company's expense management software for tracking and record-keeping. Gone are the days of laborious manual entry; today, a receipt can travel from a pocket to a digital ledger in mere seconds.