Petty Cash Management System

Petty Cash Management System

Any company needs to keep small amounts of cash on the hand of some of its employees to be able to pay the minor expenses so it has to open petty cash accounts.

 

The balances of petty cash accounts is considered as the company’s cash and one of its important current assets, so it must be monitored and managed with complete control.

 

This module will help you in doing this easily. You can define an infinite number of petty cash accounts and the system includes all the daily transactions that take place on the petty cash accounts, such as issuing cash to any employee from cash or bank accounts, checks, or even from other accounts.

 

It also provides the ability of making petty cash settlements at any time in an easy and flexible way.

 

This system present all needed reports to be able to manage the petty cash accounts, such as petty cash balances, account statements for each petty cash account, detailed & summarized reports displays all transactions of petty cash.

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