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A petty cash is an amount of money allocated for payment of small expenses related to the company such as office supplies. This policy sets the procedures and guidelines that all employees of the company must adhere to in their management and use of petty cash.
A company must specify the expenses covered by the petty cash fund.
A petty cash custodian should be appointed, and he/she is generally someone from the finance department of the company. The custodian is responsible for the management of the petty cash fund.
This policy includes the following sections:
Jurisdiction
This document is intended for use in the United Arab Emirates.
Disclaimer
This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.
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