2007-07-26 07:46:55 · 7 answers · asked by AccountingAC 1 in Business & Finance ➔ Personal Finance
Most offices limit at $50 unless they have a lot of small expenditures that they pay from it and then it's 100
2007-07-26 07:50:05 · answer #1 · answered by wizjp 7 · 0⤊ 0⤋
There is no limit but it is messy so I try not to use it too much. Make sure you document all petty cash expenses. I keep 1,000 in petty cash but if someone gives me cash I will use it for expenses too sometimes. Most keep about a month worth of petty cash and limit each expense to a couple of hundred if more write a check.
2007-07-26 14:51:28 · answer #2 · answered by shipwreck 7 · 0⤊ 0⤋
Depends on your company's policy.
We keep $200 of petty cash on hand, and give out no more than $25 at a time.
2007-07-26 14:59:03 · answer #3 · answered by Plea_of_insanity 5 · 0⤊ 0⤋
We have petty cash at work,,,its 30GBP, 25 in coins. it should only be a small amount.
ta
2007-07-26 14:51:00 · answer #4 · answered by Anonymous · 0⤊ 0⤋
$20 is always good; $50 maximum
2007-07-26 14:49:08 · answer #5 · answered by LadyG 4 · 0⤊ 0⤋
No limit -- that is your decision.
2007-07-26 14:49:10 · answer #6 · answered by Matthew O 5 · 0⤊ 0⤋
whatever you want :)
2007-07-26 14:50:05 · answer #7 · answered by chris f 4 · 0⤊ 0⤋