9.8.4 Petty Cash |
Contents
1. Context and Scope
Petty cash systems are an important part of the financial support to children’s homes. It is therefore imperative that clearly recorded and well-maintained petty cash systems are kept within each children’s home.
The following procedure should be read in conjunction with the Departmental Financial Procedures Manual and with particular reference to: ‘Children’s Homes, Financial Procedures.
2. Procedure
| 1.0 | All staff should follow the agreed petty cash format that is standardised throughout all children’s homes. |
| 1.1 | The Children’s Homes Manager should ensure that all new staff, as part of the induction process, are given clear instructions for completing the petty cash format. |
| 2.0 | Written Instructions for completing the petty cash book should be attached to the front of the petty cash book. |
| 3.0 | The petty cash book should be available at all times for inspection and audit. |
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