Reconcile Petty Cash Funds Monthly

Before You Begin

All petty cash funds must be reconciled monthly by someone other than the custodian, with the custodian present.

Begin

To reconcile petty cash funds monthly:

1. You may use any form to reconcile.
2. Ensure that the amount of cash on hand and the total amount of receipts is equal to the total amount of the petty cash fund.
3. Keep the reconciliation in your unit’s files.

Related Policies and Procedures

Reconcile Petty Cash Funds Quarterly

Additional Resources

USFSCO Petty Cash & Change Funds

Last Updated: October 21, 2011 | Approved: Senior Associate Vice President for Business and Finance - February 2008