Liquidating petty cash advances
The petty cash fund will be reconciled on a regular basis by the manager and audited occasionally by their supervisor.The manager must ensure that the cash and hand plus vouchers with receipts is equivalent to the total amount disbursed to the petty cash account.S., and many of them are optimistic in their outlook.Are you familiar with the obstacles and opportunities they are facing?
Whenever the custodian makes any payment from the fund to an employee or a customer etc., he or she must record the amount being disbursed, the name of the person to whom the payment is being made and the reason for the disbursement.
Petty Cash Custodial Agreement Policy 8.10 Cash Receiving Policy 9.10 Requisitions/Reimbursements Cash Handling & Receiving training within UAccess Learning Disbursement Voucher Training Misuse of University Assets * Please note that sections titled Frequently Asked Questions and Related Information are provided solely for the convenience of users and are not part of the official University policy.
This policy applies University-wide, including Main Campus, the Arizona Health Sciences Campus, the Phoenix Biomedical Campus, and University of Arizona – South.
In addition, this policy applies to all extension off-site campus units, both domestic and international.
31.80Auto Expense 2920.55Professional 790.00Uniforms 194.75Taxes &License 174.93Meals & Entert 767.53Travel 25.00R&M 553.08Rent 2021.00Office Expense 281.68Deprec. If you looking for Breakeven point in units, Breakeven = Total Fixed Costs / (Selling Price per Unit - Variable Cost per Unit) Let say you purchased inventory from supplier for per unit and you are selling them for per unit and that your total operating expenses (other than purchases) cost ,000 monthly. So the break even formula would be Total fixed cost / (total commission - variable cost)?