Petty Cash Account Overview

Petty Cash is a small amount of cash that businesses maintain on hand to cover minor, everyday expenses that arise in daily operations, such as office supplies, minor repairs, etc. This allows businesses to have quick and easy access to funds without the need for formal purchasing processes for small transactions.

To manage these funds effectively, businesses need to have an effective petty cash management to ensure that all the petty cash expenses and funds added to petty cash accounts are properly recorded. In this document, you’ll learn how you can request or record expenses, submit reports, and request or record top-ups, and more.

Petty Cash Dashboard

You can get a quick overview of your account balance, recent transactions and spend summary from the dashboard.

The Accounts Summary section displays your overall account balance, along with the number of unsubmitted expenses, unapproved top-ups, and uncredited top-ups. Click the Refresh icon to ensure the latest details are displayed.

The Spend Summary section includes a graph that shows your petty cash spending. You can view the spend summary for this week, previous week, this month, previous month, or last 6 months by selecting the desired option from the dropdown in the top right corner of the section.