The petty cash fund should be replenished when it is low, after expenditures are made, or at regular intervals such as monthly. Keeping track of receipts is crucial for determining the appropriate time to refill the fund. This practice ensures that cash remains available for minor expenses. ;
The petty cash fund should be replenished when it is low, after expenditures are made, or at regular intervals such as monthly. This ensures funds are available for minor expenses without interruption. Proper recordkeeping of receipts is essential in determining the timing for replenishment.
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