The Power of Petty Cash: Managing Small Expenses with Precision

In this episode of The Accounting & Bookkeeping Show, hosts Jane and Tom are joined by special guest Nora, the owner of the popular pizza chain Pepperoni Paulie’s. Together, they explore the ins and outs of managing a petty cash system, an essential tool for handling the small day-to-day expenses that every business encounters. From setting up a petty cash fund to maintaining accurate records and ensuring proper reconciliation, they break down the best practices for keeping those minor expenses under control. Whether you're running a small business or managing finances in a larger organization, this episode offers practical tips and insights to help you handle petty cash with confidence and precision. Tune in and learn how to keep your petty cash in check!