Free Business Receipt Template Every penny must be accounted for inside a business. There is always a need to get some cash on hand for some disasters or small transactions that require cash payment just. For example , getting a cup of coffee as well as purchasing some small percentage of stationery. Hence, the petty cash is made obtainable in an organization where cash may be given to the staff to make little purchases or payment. It is also utilized in a home environment. There has to be a petty cash bill given to the recipient of the money received. This is for accountability functions.
A petty cash sales receipt is proof that money taken from the cash box having a record of purpose as well as recipient, unless both parties discuss the intention to misuse the funds and no information of cash taken are made. Free Business Receipt Template Yet there is always a person in charge that is held accountable for the balance associated with funds in the cash package. A wrongful account can result in dismissal or legal activity against the employee.