Petty cash may be used for small dollar reimbursements to employees for RIT business expenditures of $50.00 or less (i.e., those that can’t be paid by procurement card). Petty cash reimbursements are ...
This guideline describes the procedures for establishing and maintaining a Petty Cash Fund and for receiving reimbursement for certain departmental purchases. Petty cash funds provide departments with ...
Petty cash is a system for making and tracking small purchases that don't make sense as check or credit card transactions. A petty cash fund is simply a box with a supply of cash and a sheet of paper ...