Chapter 2. Accounting Services
Section 2.7. Accounts Payable

2.7.10.7. Decreasing Petty Cash Funds

A petty cash fund should be reduced if the amount of the fund exceeds the actual needs of the department. Petty cash funds must never be deposited into a departmental account.

To decrease a petty cash fund, do the following:

1. Deposit the amount no longer needed at the Cashiers' Office along with a memo indicating the fund is being decreased.



NOTE: Contact Accounts Payable at 7-2371, for the proper index and account code.