JieliSi Petty Money Management Cash Box

JieliSi Petty Money Management Cash Box

5 (8 product reviews)Added 5 years ago
US$ 71.99 Free worldwide shipping!
DinoDirect
This is a Money Management Cash Box.Some business purchases are unexpected and small; it is convenient to have some cash on hand to cover them. A petty cash box is the simplest way to keep small amounts of cash on hand in a business environment. Wide variety of cash boxes to buy in various sizes and colours suitable for use in the home, school or office. A cash box is ideal for secure storage of petty cash, coin bags and receipts. Safety latch prevents opening if unlocked. Built-in lock.Time to enjoy the benefits this Portable Cash Box brings! It won't let you down! ## Product Description Specification Buying Guide Return Policies Specifications: A Portable Cash Box is ideal for secure storage of petty cash, coin bags and receipts Light weight cash box Removable plastic money tray Wide variety of cash boxes to buy in various sizes and colours suitable for use in the home, school or office Safety latch prevents opening if unlocked Size: 230 x 200 x 125mm/9.0 x 7.9 x 4.9in(L x W x H) Details: A cash box is ideal for secure storage of petty cash, coin bags and receipts, removable plastic money tray Wide variety of cash boxes to buy in various sizes and colours suitable for use in the home, school or office How to Set Up a Petty Cash Box: Review the previous month's transactions to estimate how much money you would have used if you had a petty cash fund at that time. This gives you a good idea how much money you need to start your petty cash fund. For example, if you spent $44 on stamps, $60 for repair of the copy machine and $100 on new printer ink, it makes sense to start your petty cash fund with a little over $200 Assign one person to be in control of the petty cash box. The American Institute of Professional Bookkeepers refers to this person as the petty cash custodian. The custodian should be trustworthy and knowledgeable in basic bookkeeping Write a check out to cash with "Petty Cash" written in the memo. Cash it, and place the cash in the petty cash box. The petty cash box should fit in a drawer or filing cabinet but must have a lock on it Place a small account ledger on top of the cash in the box. The first entry in the ledger reflects the total amount of cash you placed in the petty cash box. Any withdrawals from the petty cash box must be recorded and subtracted from the total. Date, amount and description should all be recorded on the ledger with each transaction Close and lock the petty cash box Replenish the petty cash once per month. Make adjustments as needed. For example, if you have a larger volume of business activity during the Christmas holiday, you may want to have a extra petty cash on hand during the months of November and December Package Included: 1 x Cash Box