Department Petty Cash Log - Keep Track of Available Funds

Keeping track of petty cash can be a tedious task, but it's an essential part of maintaining financial records for any business. At BizzLibrary.com, we understand the importance of having a reliable and easy-to-use petty cash log to stay organized. Our professionally designed petty cash log template is precisely what you need to streamline your financial record keeping.

What is a Petty Cash Log?

A petty cash log is a record of all cash transactions made by a department or employee within a company. It contains detailed information about the amount of cash spent, the reason for the expenditure, and who authorized it. The petty cash log helps to track the distribution of cash and ensures that all transactions are adequately documented to prevent fraud or confusion.

How Does the Petty Cash Log Work?

The petty cash log typically includes the following information:

• Date: The date on which the cash transaction occurred.
• Fund: The source of the cash used (e.g., petty cash fund).
• Cash Available: The amount of cash available in the fund before the transaction.
• Department: The department responsible for the expenditure.
• Reason for Expense: The purpose of the expenditure (e.g., office supplies, travel expenses, etc.).
• Amount: The amount of cash spent on the transaction.
• Cash Remaining: The amount of cash remaining in the fund after the transaction.

The petty cash log is typically kept by the department responsible for the petty cash fund and is updated regularly as transactions occur.

Get Your Petty Cash Log Template

Are you looking for an easy and efficient way to manage your petty cash? Look no further! BizzLibrary.com offers a professionally designed petty cash log template in DOCX format that you can download and customize to fit your needs. Our template includes all the necessary fields for keeping an accurate record of your cash transactions, allowing you to stay organized and on top of your finances.

Don't let petty cash management be a hassle. Download our petty cash log template today and take control of your finances. Visit BizzLibrary.com now to explore our full range of business document templates, including cash flow statements, budget templates, and more.