Petty cash replenishment

Petty cash replenishment occurs when funds are added to a petty cash box in an amount sufficient to bring the cash balance of the cash box back up to its designated balance. Replenishment is required periodically, as cash payments from the petty cash box are used to pay for incidental expenses.

Related Courses

Bookkeeping Guidebook 
Corporate Cash Management 
How to Audit Cash 
Optimal Accounting for Cash