Petty Cash

Units may not have petty cash funds. All expenditures must be paid by check or online EFT/bill payment and signed by two authorized officers.

Some fundraisers will require some beginning cash on hand. Issue a check payable to the person who will obtain the starting cash for the cash box. This can be credited to the account titled “Cash on Hand.” This cash is to be kept in a locked cash box and used for the fundraiser/event only. A separate cash verification and deposit slip should be used to redeposit the startup cash for an event.

Print Friendly, PDF & Email