Petty cash

Thanks for the quick reply . But is it mandatory to maintain the same as per law ?

client is not interested to manintain hard copies . He prefers all soft copies  and even auditor prefers soft copies . 

How do i maintain the same ?

please reply 

Its always preferable to keep all your documents in hard copy ...whether you keep it in soft copies too is additional benefit for you....System crashes and data losses are not a new thing for the accounting department...Good Luck Roopa!!

To be frank yes its mandatory as per law....