Petty cash may be used for small dollar reimbursements to employees for RIT business expenditures of $50.00 or less (i.e., those that can’t be paid by procurement card). Petty cash reimbursements are ...

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 ...

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What Is a Petty Cash Fund? Petty cash is a small amount of cash-on-hand necessary for your departmental operations. Before a petty cash fund may be established, both the Departmental Cash Handling ...

This guideline describes the procedures for establishing and maintaining a Petty Cash Fund and for receiving reimbursement for certain departmental purchases. Petty cash funds provide departments with ...

Petty cash is generally requested and used for two purposes: small purchases of approved miscellaneous expenditures and/or ‘cash drawer change’ fund activity. A separate Petty Cash Request Change form ...