PETTY CASH QUERY

I HAVE RECEIVED CASH SALES ON MY CAFE CAN I USE THE SAME CASH UNDER PETTY CASH..

CAN SOMEONE SUGGEST I DON'T WANT TO WITHDRAWAL THE CASH FROM BANK BECAUSE I HAVE RECEIVED CASH SALES WITH I HAVE THE SALES INVOICE AGAINST THE SALES. ITS NOT BOGUS SALES
Replies (3)
Quick Summary
This discussion addresses a query about using cash from cafe sales for petty cash expenses. The consensus is that it's permissible to use these funds, provided that accurate records are maintained for all transactions. This avoids the need for unnecessary bank withdrawals when you already have the cash and corresponding sales invoices.

Yes you can use it as per your expense needs, but maintain its records.

Okkk thank you.

You are welcome.          

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