Petty cash may be used for small dollar reimbursements to ... Log to prepare the journal entry to record the expenses in the General Ledger. A surprise cash count should be performed, on a quarterly ...

Petty cash funds must be used only to purchase incidental items of a nominal amount for which other established university procurement methods are not feasible. Nominal generally means $60 for study ...

If the petty cash fund is lost or stolen the fund custodian should notify the Controller's Office immediately. The Controller, NSHE Internal Audit, or campus auditors may make a surprise cash count of ...

The petty cash fund must be requested by the individual, known as a custodian. The custodian is the individual responsible for safeguarding, disbursing from, and requesting replenishment of a petty ...

coin and petty cash receipts on hand should always equal the authorized amount of the fund. Each fund belongs to Northwestern University and must be kept on University property at all times. The fund ...