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Specified limit for cash Transaction

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(Querist)
26 June 2009 Hi, Can any body help me in knowing the minimal transactable petty cash limit in a company.

Thanks
Jayashree
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CA.Tarun Maheshwari

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CA.Tarun Maheshwari (Expert)
26 June 2009 If you are asking limit of expenses through petty cash, then it is the same Rs. 20,000/-. Otherwise there is no such limit defined for petty expenses.If you want to know something else, then pls make your query little more clear.

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