How your company handles Petty Cash can be easy or a headache. It is up to you. Do you reconcile regularly or do you wait until all funds are out of the box, hold your breath, then pray that all receipts are in the box?
My suggestion would be to start small, either $50 or $100. You can add more later if you feel your company needs the funds.
Always make sure to reconcile regularly. The box should remain at $100 at all times. For example, if an employee buys paper for $5.00, the box should have $95 in cash and a $5.00 receipt for the paper. You replenish the box by writing a check to cash, entering all transactions into your financial system, and starting it all over.
Another reason to reconcile regularly it to make sure there are no employees taking unauthorized cash.
Enjoy!
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Connecting Our Communities Through the Power of Referrals
What Is Campaign 2010?
Campaign 2010 is a referral program in which your business can make extra money. For every new client my company receives from your referrals, you can earn $50-$100. It is that simple.
The campaign will last until 12/31/2010. On 1/1/2011, the business or person who has referred the most clients will receive a $500 referral check. In case of a tie, there will be a drawing to determine who receives the prize.
The campaign will last until 12/31/2010. On 1/1/2011, the business or person who has referred the most clients will receive a $500 referral check. In case of a tie, there will be a drawing to determine who receives the prize.
2010 Referral List
- Details!
- Jo Garner, Talk Shoppe
- Wooten Mechanical, LLC
About Me
Followers
Rules and Legal
My lawyers make me do this....
This program is open only to legal US citizens. No payment will be issued without a signed IRS W-9 form on file with Lee & Associates. This form provides necessary documentation our company needs to file for tax purposes.
As a participant, you are in no way an employee of Lee & Associates, nor do you receive employee privalages. You are acting as an independent contractor for yourself or your company.
All bonus/referral checks are paid after the client pays the first invoice, not at the time of the referral. A standard check will be mailed to the address listed on the IRS W-9 form.
Also by participating you consent for Lee & Associates to display yours or your company's name on our blog and/or website. No payment or gift will be issued for the use of your name.
This program is open only to legal US citizens. No payment will be issued without a signed IRS W-9 form on file with Lee & Associates. This form provides necessary documentation our company needs to file for tax purposes.
As a participant, you are in no way an employee of Lee & Associates, nor do you receive employee privalages. You are acting as an independent contractor for yourself or your company.
All bonus/referral checks are paid after the client pays the first invoice, not at the time of the referral. A standard check will be mailed to the address listed on the IRS W-9 form.
Also by participating you consent for Lee & Associates to display yours or your company's name on our blog and/or website. No payment or gift will be issued for the use of your name.
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