Petty Cash definition

Petty Cash means a sum of money set aside on an imprest basis for the purpose of making change or paying small obligations.
Petty Cash means a relatively small amount of cash kept at hand for making immediate payment for miscellaneous small expenses incurred the municipality.
Petty Cash. , means the procurement of goods and services through the supply chain management requisition and order system by means of one verbal and written quotation below a determined amount;

Examples of Petty Cash in a sentence

  • Common adverse events were tiredness, dizziness and mental changes.O Antidepressants- Nortriptyline was as efficacious as TENS in reducing pain.

  • A separate Petty Cash Voucher Form must be used for the replenishment of the Petty Cash Fund.

  • Cash from the check is placed in the petty cash box to replenish the Petty Cash Fund to its full amount.

  • While it is the intent to procure goods/services by issuing an Official City of Houston Purchase Order, there will be instances when a Procurement Card (P-Card) or Petty Cash may be used.

  • It is important to remember that items purchased with Petty Cash Funds are subject to the same regulations and accounting practices as expenses paid by check.


More Definitions of Petty Cash

Petty Cash means an accessible store of money kept by the County for expenditure on Low Dollar Value items.
Petty Cash means a small amount of cash kept by the Municipality for expenses.
Petty Cash means a sum of money, either in the form of currency or a special bank deposit, set aside for the purpose of making change or immediate payments of comparatively small amounts for which it is subsequently reimbursed from the cash of a fund;
Petty Cash means cash amounts of one hundred dollars ($100) or less per day that are not drawn on the Clean Money Debit Card and used to pay expenses of no more than twenty-five dollars ($25) each.
Petty Cash means a small amount of cash kept on hand for incidental purposes of low value goods and services (i.e. postage, office suppliers, reimbursement out of pocket expenditures), which if accommodated under normal procurement processes, it will cost the municipality more in administrative actions than the actual cost of goods/services required. Petty cash may not be used for payroll payments, inventory, capital goods, entertainment expenses, travel expenses and other personal obligations.
Petty Cash means a small amount of discretionary funds in the form of cash used for expenditures where it is not feasible to make the disbursement by any other means.
Petty Cash. , means a small amount of cash kept on hand for incidental purchases of low value goods and services (i.e. postage, office suppliers, reimbursement out-of-pocket expenditures), which cannot be accommodated through other purchasing procedures. Petty cash may not be used for payroll payments, inventory, capital goods, entertainment expense, travel expenses and other personal obligations.