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petty cash
" If you look at things that really affect people's lives - sport, the arts, charities - they were always at the back of the queue for government money - health, social security, defence, pensions were all way ahead. And each of those areas - sports, the arts, the lottery - got relatively petty cash from the government."
John Major

Meaning of "petty cash" in the English dictionary

DICTIONARY

PRONUNCIATION OF PETTY CASH

petty cash


GRAMMATICAL CATEGORY OF PETTY CASH

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Petty cash is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES PETTY CASH MEAN IN ENGLISH?

Petty cash

Petty cash is a small amount of discretionary funds in the form of cash used for expenditures where it is not sensible to make any disbursement by cheque, because of the inconvenience and costs of writing, signing, and then cashing the cheque. The most common way of accounting for petty cash expenditures is to use the imprest system. The initial fund would be created by issuing a cheque for the desired amount. An amount of $100 would typically be sufficient for most small business needs as the expenses to be covered are for small amounts. The bookkeeping entry for this initial fund would be to debit Petty Cash and credit bank account. As expenditures are made, the custodian of the fund will reimburse employees and receive a petty cash voucher with a receipt/invoice attached in return. At any given time, the total of cash on hand plus reimbursed vouchers must equal the original fund. When the fund gets low, e.g. $20 remaining, the custodian requests a top up and submits the vouchers for reimbursement. Assuming the vouchers add up to $80, an $80 top up cheque is issued and an $80 debit towards office expenses is recorded.

Definition of petty cash in the English dictionary

The definition of petty cash in the dictionary is a small cash fund kept on a firm's premises for the payment of minor incidental expenses.

WORDS THAT BEGIN LIKE PETTY CASH

petting · petting zoo · pettish · pettishly · pettishness · pettitoes · pettle · petto · petty · petty bourgeois · petty bourgeoisie · petty crime · petty criminal · petty expenses · petty juror · petty jury · petty larceny · petty officer · petty official · petty sessions

WORDS THAT END LIKE PETTY CASH

ash · cash · clash · crash · crash for cash · dash · encash · flash · hard cash · hash · mash · noncash · operating cash · ready cash · splash · spot cash · the cash · trash · trash and cash · wash

Synonyms and antonyms of petty cash in the English dictionary of synonyms

SYNONYMS

Translation of «petty cash» into 25 languages

TRANSLATOR

TRANSLATION OF PETTY CASH

Find out the translation of petty cash to 25 languages with our English multilingual translator.

The translations of petty cash from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «petty cash» in English.
zh

Translator English - Chinese

> 小额备用金
1,325 millions of speakers
es

Translator English - Spanish

dinero para gastos menores
570 millions of speakers
en

English

petty cash
510 millions of speakers
hi

Translator English - Hindi

खुदरा रोकड़
380 millions of speakers
ar

Translator English - Arabic

المصروفات النثرية
280 millions of speakers
ru

Translator English - Russian

мелких наличных
278 millions of speakers
pt

Translator English - Portuguese

fundo de caixa
270 millions of speakers
bn

Translator English - Bengali

ক্ষুদ্র নগদ
260 millions of speakers
fr

Translator English - French

petite caisse
220 millions of speakers
ms

Translator English - Malay

wang runcit
190 millions of speakers
de

Translator English - German

Portokasse
180 millions of speakers
ja

Translator English - Japanese

小口現金
130 millions of speakers
ko

Translator English - Korean

소액 지급 준비금
85 millions of speakers
jv

Translator English - Javanese

Cilik dhuwit
85 millions of speakers
vi

Translator English - Vietnamese

tiền bạc lẻ
80 millions of speakers
ta

Translator English - Tamil

குட்டி ரொக்கம்
75 millions of speakers
mr

Translator English - Marathi

किरकोळ रोकड
75 millions of speakers
tr

Translator English - Turkish

Küçük nakit
70 millions of speakers
it

Translator English - Italian

piccola cassa
65 millions of speakers
pl

Translator English - Polish

drobna gotówka
50 millions of speakers
uk

Translator English - Ukrainian

дрібних готівкових
40 millions of speakers
ro

Translator English - Romanian

casierie
30 millions of speakers
el

Translator English - Greek

μικρά ταμεία
15 millions of speakers
af

Translator English - Afrikaans

kleinkas
14 millions of speakers
sv

Translator English - Swedish

handkassa
10 millions of speakers
no

Translator English - Norwegian

petty cash
5 millions of speakers

Trends of use of petty cash

TRENDS

TENDENCIES OF USE OF THE TERM «PETTY CASH»

Principal search tendencies and common uses of petty cash
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «petty cash».

Examples of use in the English literature, quotes and news about petty cash

EXAMPLES

3 QUOTES WITH «PETTY CASH»

Famous quotes and sentences with the word petty cash.
1
Dan Ariely
Because cheating is easier when we can justify our behavior, people often cheat in small amounts: We can come up with an excuse for stealing Post-It notes, but it is much more difficult to come up with an excuse for taking $10,000 from petty cash.
2
Rick Danko
The Band was always famous for its retirements; we'd go and play and get a little petty cash together, and then not see each other till it was time to fill our pockets up again.
3
John Major
If you look at things that really affect people's lives - sport, the arts, charities - they were always at the back of the queue for government money - health, social security, defence, pensions were all way ahead. And each of those areas - sports, the arts, the lottery - got relatively petty cash from the government.

10 ENGLISH BOOKS RELATING TO «PETTY CASH»

Discover the use of petty cash in the following bibliographical selection. Books relating to petty cash and brief extracts from same to provide context of its use in English literature.
1
Keeping the Books: Basic Recordkeeping and Accounting for ...
Petty cash refers to all the small business purchases made with cash or personal funds instead of with a business check. These purchases may account for several thousand dollars by the end of the year. Failure to account for them can result ...
Linda Pinson, 2007
2
Principles of Accounting
The Petty Cash account is debited when the fund is established or the fund level is changed. Expense or asset accounts are debited each time the fund is replenished, including in this case $0.18 to Cash Short or Over for a small cash ...
Belverd Needles, Marian Powers, Susan Crosson, 2010
3
Accounting: Tools for Business Decision Makers
ESTABLISHING THE PETTY CASH FUND Two essential steps in establishing a petty cash fund are: (1) appointing a petty cash custodian who will be responsible for the fund, and (2) determining the size of the fund. Ordinarily, a company ...
Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, 2010
4
The Complete Film Production Handbook
Petty cash should be used for small purchases that aren't covered by a purchase order or check request, generally for items such as fuel for company vehicles, parking fees, expendable supplies, small props and miscellaneous office supplies.
Eve Light Honthaner, 2014
5
Century 21 Accounting: General Journal
GENERAL JOURNAL PAGE 1 29 30 31 32 33 29 30 DATE ACCOUNT TITLE DEBIT CREDIT 19 Petty Cash DOC. NO. POST.REF. 10000 10000 C8 Date 1 2 3 4 I n c r e a s e D e c r e a s e Debit Cash 31 32 33 An amount of cash kept on hand ...
Claudia Gilbertson, Mark Lehman, 2008
6
Wiley GAAP Policies and Procedures
Cash—Reconcile Petty Cash Use this procedure to conduct a manual reconciliation of the petty cash balance in any petty cash box. 1. 2. Access the general ledger account for the petty cash box and determine the amount of cash it should ...
Steven M. Bragg, 2008
7
Fundamentals of Accounting: Course 1
Petty Cash Report L010 Date and Custodiany\ Recorded Amount on Hand on Hand ... actualcash \b on hand from the recorded PETTY CASH REPOV Date: M Custodian: M Replenish Explanation Reconciliation Amount Fund Total _ 700.00 4 ...
Claudia Gilbertson, Mark W. Lehman, Debra Harmon-Gentene, 2013
8
Running QuickBooks in Nonprofits
To track petty cash, your chart of accounts needs a petty cash bank account. This account parallels the activity in your cash box: you put money in it, then you account for the money that's spent, and periodically you put more money into the box ...
Kathy Ivens, 2005
9
Principles of Internal Control
GENERAL Use of an imprest system is the conventional way to control petty cash activity. The procedure is initiated by raising a cheque requisition for the amount of the petty cash float. This requisition is approved by the senior accounting ...
Alan Trenerry, 1999
10
Delmar's Comprehensive Medical Assisting: Administrative and ...
Keep petty cash to— tally separate from the cash drawer that is used to make change for patients paying their co—payment. ... Establishing a Petty Cash Fund If your clinic does not already have a petty cash fund or if you are in a new practice ...
Wilburta Lindh, Marilyn Pooler, Carol Tamparo, 2013

10 NEWS ITEMS WHICH INCLUDE THE TERM «PETTY CASH»

Find out what the national and international press are talking about and how the term petty cash is used in the context of the following news items.
1
The Brief History of the Week
“Central bank leaders are treating taxpayers' money like it was their own private petty cash bank, available to spend on their indulgences,” the ... «Budapest Times, Jul 15»
2
a difference of opinion
Yes, the fine that was placed on them is petty cash for them. But, at least now there is radar on all restaurants, one that will coerce them to abide ... «The Nation, Jul 15»
3
NORTHEAST TECHNICAL HIGH SCHOOL
$97.00, Federal: $.00, Claims: $(77,834.98), Payroll: $(90,596.12), Petty Cash: $100.00, NTHS Imprest: $20,000.00. Balance as of 6/30/2014: ... «Watertown Public Opinion, Jul 15»
4
US SPR oil sale before strategic review would be a mistake: Kemp
“It is certainly not the petty cash drawer for Congress.” The senator from Alaska was criticizing a proposal to sell 101 million barrels of crude ... «Reuters, Jul 15»
5
As NRL investigates Eels salary cap payments, will action finally be …
Don't raid the petty cash tin with these guys around. So this latest Parramatta imbroglio is a big test for the NRL. This, according to the form ... «The Daily Telegraph, Jul 15»
6
Police search CCTV to catch Nelson shop raiders
... situated across the road from the Victory Centre in Scotland Road, was broken into with thieves making away with petty cash and some stock. «Pendle Today, Jul 15»
7
Bangs Hallet House robbery in Yarmouth remains unsolved
... the thieves also stole vases, a 13th century Chinese, a silver-plated teapot filled with petty cash, and a collection of 200 pieces of scrimshaw ... «Wicked Local Yarmouth, Jul 15»
8
Giants fans shouldn't plan to see Zobrist in orange and black
... and it was something less than franchise-altering: a 2004 trade in which the A's received minor league lefty Adam Pettyjohn for petty cash. «Monterey County Herald, Jul 15»
9
Thursday's `Jane Doe' in court unrelated to Rosenbalm-BVU case
... run it through payroll?” Emails sent by Co-conspirator #1 also show several instances where employee bonuses were paid out of petty cash. «WCYB, Jul 15»
10
New fair building nears completion
While a petty cash draw had been discussed, Weiss said he preferred using benefactor funds. A payback schedule will be brought back to the commissioners ... «Imperial Republican, Jul 15»
REFERENCE
« EDUCALINGO. Petty cash [online]. Available <https://educalingo.com/en/dic-en/petty-cash>. May 2024 ».
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