Petty Cash Box Best Practices—if Your Company Insists on Having One!
May, 2003
Petty cash is one of those insidious practices that are a really bad idea—yet the practice persists at some companies. What follows is a discussion of the correct way to handle a petty cash box and account for the transactions that run through it and a list of practices that, if at all possible, accounts payable professionals should discourage.
2009
