One of the job advertisement I came accross recently said that the person is:
Responsible for petty cash float and ensure float balances
Please let me know
1) what is petty cash Float
2)How to ensure float balance
Thanks,
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What is petty cash float ?
Replies (2)
Dear Anil,
Petty cash floats should be used to pay for small items of expenditure where payment
through the account payable system or by credit card is not justified or appropriate.
Hope this will help You.............
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