To keep the records of all the petty cash of the company for small expenditures, you can create a petty cash reconciliation report that can help you to document all the expenditures related to the petty cash. You can check out these cash report templates and prepare the petty cash report for your organization or company.
5 Steps for Effective Petty Cash Reconciliation
Step 1: Deduce the Mentioned Balance
Understand the petty cash management policy of your company and then review the balance stated, whether they are matching or not.
Step 2: Prepare the reconciliation Form
You can create a reconciliation form for your company or download templates that are available in the market. In both the case you can provide your inputs as per the company’s policy.
Step 3: Details of the Transaction
Mention the details of the transactions made by and calculate the total sum. Subtract it from the total balance then you will have the idea of the amount that has been withdrawn.
Step 4: Summarizing the Vouchers
Summarizing the voucher will provide you the amount that has been spent from the petty cash funds. The result should be zero. If the summarization result is positive then there is an overdose of cash and if the result is negative then there is a shortage of the fund.
Step 5: Scrutinize the Imbalance
Scrutinize the amount that has been stated and the actual amount that is there in the petty cash fund. If there is any imbalance then rectify it. Make sure there is no unexpected difference.
20+ Petty Cash Reconciliation Templates
1. Petty Cash Reconciliation Sheet
For an organization to manage the petty cash there should be a cash report that can document all the transactions and the balance involved. Download this Petty Cash Reconciliation Sheet and prepare the balance sheet. In this petty cash form template, you can organize the in-hand cash, the transactions done and also summarize the available balance.
2. Petty Cash Fund Reconciliation Template
To reconcile the petty cash fund of your company, you can download this constructive Petty Cash Fund Reconciliation Template. Prepare the format that can provide you with the benefit of proper, regulation of the petty cash. This cash form template has an effective structure that can help you in constructing a format that you need for the petty cash listing.
3. Petty Cash Reconciliation Form Example
The template that has been provided here is a perfect template for the kind of cash receipt you need for the proper management of the petty cash. This Petty Cash Reconciliation Form Example has a template where you can categories every information that is related to the usage of the petty cash. You can create separate columns for your categories.
4. Petty Cash Reconciliation Format
For the analyzation of the petty cash every quarter of the financial year, you can prepare a format using this Petty Cash Reconciliation Format. In this template, you will be getting the idea of preparing a strategized structure that will be efficient for doing sample cash flow analysis of the company’s petty cash that you use for small expenditures.
5. Petty Cash Reconciliation Report in PDF
To get a formal structure for the administration of the petty cash, you can download this Petty Cash Reconciliation Report in PDF. You will get a proper table format that will be advantageous for the data tabulation which includes expenditure description, the amount paid, the organization or the individual who is it paid, etc. To do a cash flow analysis this is the best template.
6. Petty Cash Reconciliation Worksheet Template
The purpose of a petty cash worksheet is to help the petty cash holder to check if there is a balance in the fund or not. This Petty Cash Reconciliation Worksheet Template contains the description for preparing the required worksheet. You can also plan the cash flow budget by viewing the worksheet of your petty cash. Download this template to get the structure to structure for the worksheet.
7. Petty Cash Fund Reconciliation Form in PDF
Having a properly drafted format helps in simplifying the data input process. You will a clear idea as to where to put which detail. Download this Petty Cash Fund Reconciliation Form in PDF and draft the reconciliation sheet. This template is available in the PDF format. Therefore you can edit this template in the PDF editor for your convenience.
8. Sample Petty Cash Reconciliation Example
If there is any kind of change in the petty cash fund, you need to immediately update the balance sheet. Download this Sample Petty Cash Reconciliation Example template and prepare a reconciliation statement that can be updated from time to time. This template gives you the opportunity to prepare the best cash flow statement and update the statement every time there is a change.
9. Monthly Petty Cash Reconciliation Template
As the custodian of the petty cash, you will have to take responsibility for any changes made in the fund storage. Download this template where you can write a declaration that you will be responsible for the changes made and the reimbursement of the withdrawn money. Hence you are drafting a cash invoice as well as an agreement letter. The structure can be used as the reference design for your document.
10. Petty Cash Fund Reconciliation Format
In case the petty cash of the organization is under the bank’s jurisdiction then the bank has to prepare a reconciliation draft, bank reconciliation which will include all the small and big changes and updates related to the petty cash. Download this Petty Cash Fund Reconciliation Format and make an executive structure with the help of this template available here.
11. Petty Cash Reconciliation Form Template
In case you want to close off your petty cash account, you will be needing a form where you can mention all the details that you require for the closing of the account. Download this Petty Cash Reconciliation Form Template and get a good form done using this template’s structure and format. Make edits wherever necessary in this amazing customizable template.
12. Petty Cash Fund Reconciliation Example
For your university’s petty cash budget, you require a form that is exclusively designed for the accounts related to the university bank accounts. Check out this Petty Cash Fund Reconciliation Example so that you can avail of a professional format that gives you the complete liberty to makes any changes you want your form to have.
13. Simple Petty Cash Reconciliation Form
If you have withdrawn an amount from your petty cash account and you want to reconcile and replenish the account, you can download this Simple Petty Cash Reconciliation Form so that you can make the petty cash receipt as well as you can fill up the account and restore the balance to its original form. This reconciliation and restoration form template is what you need to download now to get it done.
14. Petty Cash Fund Closure Reconciliation Template
Want to prepare a petty cash reconciliation form that is the receipt for all the expenditures from the college petty cash account? Then you can download this Petty Cash Fund Closure Reconciliation Template as it is available in the PDF format so you can get to edit it and replace the details provided with your college’s account details.
15. Standard Petty Cash Reconciliation Example
If you want to prepare instruction and guide for handling petty cash accounts and the management process, then you can use this Standard Petty Cash Reconciliation Example template as an example to the manual you will be preparing this sample document has all the required information that you will need, so just download it.