What is it?
A department or unit may be eligible to maintain a Petty Cash fund to provide an effective and efficient method of processing minor, non-recurring expenses incurred on behalf of the University that could not otherwise be processed using the procurement card.
Why is it important?
Each custodian of a petty cash fund should be familiar with the policies and procedures outlining the use and replenishment of a petty cash fund, as governed by the Petty Cash Fund Policy.
Where do I find more information?
For questions regarding the issuance of and procedures around petty cash, please contact the Cash Office within Financial Services.