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What is the importance of petty cash voucher?

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Question ajoutée par MITESH SAWANT
Date de publication: 2017/03/04
Khalid  Rabbani
par Khalid Rabbani , Finance Manager , Elegance Hospitality for Hotel Supplies

Petty Cash Voucher is used to control the disbursement of cash from the Petty Cash Fund. It is a document consisting of Date of disbursement, Amount receivced by the person to whom the disbursement is made and duly signed by the person disbursing the money . In general the Voucher is prenumbered used for reference and control of such document. Speaking of Control purposes, the voucher must be supoorted with other document justifying the disbursement.

Mubarak Ali
par Mubarak Ali , Accountant , Sanad Hospital

  • These vouchers help to financially control the petty cash accounts in order to make sure that no one can abuse or mismanage the funds in the petty cash fund.
  • Another reason the petty cash voucher is important is because of the fact that it can provide solid evidence when it comes to the reconciliation of the amount of cash that is left in the petty cash fund.

Ashraf E. Mahmoud (PhD)
par Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

In a very berif wording, the petty cash vouchers are very important for the control purpose over the cash expenses.

Rakhi Vallath
par Rakhi Vallath , Trade Accountant & Admin Assistant , Dragon Racing International

A petty cash voucher is usually a form that is used to document a disbursement (payment) from petty cash fund. 

Ubaid Ullah Sajid
par Ubaid Ullah Sajid , Accounts Executive , ASNB Real Estate Management L.L.C.

The Petty Cash Voucher is an important form of evidence for reconciling the remaining petty cash.

Mohamed Sagadh
par Mohamed Sagadh , Senior Executive patient care and administration , Today’s Health Care India Pvt Ltd

Petty cash is very important for a day to day transaction and its helps martian the proper accounts 

Sakhi Muhammad Imran
par Sakhi Muhammad Imran , Finance Manager , United Catering Co. WLL

petty cash is use for record small cash transaction.these are important because after approval previous transaction it is replinshed again

Reymond Galacite
par Reymond Galacite , Assistant Purchasing Manager

Petty cash is very important for a day to day transaction that require an immediate cash purchased

sikandar ali malik saleem
par sikandar ali malik saleem , Assistant Manager Accounts & Finance , Paragon city pvt ltd

PETTY CASH IS VERY IMPORTANT FOR ANY ORGANIZATION OR COMPANIES BECAUSE SPECIFIC EMPLOYEES LIKE MANAGERS, GM AND DIRECTORS DONE EXPENSE FOR OWN A ORGANIZATION OR COMPANY THEY TAKE A CASH OR CHEAQUE AND FULL FILL THE COMPANY EXPENSE.WHEN COMPANY GIVE THEM CHEQUE OR CASH THE ENTRY WILL BE RECORDED SPECIFIC PERSON WHO TAKING CASH FROM COMPANY WILL BE DEBIT AND CASH OR BANK CREDIT.WHEN THEY WILL GIVE THE BILLS TO THE COMPANY THEN ENTRY WILL BE THAT ALL EXPENSES WILL BE DEBIT AND SPECIFIC PERSON WIL BE CREDIT.

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