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Petty Cash Log

Track all petty cash transactions for your business. Add income and expenses, monitor your running balance, and export a professional report.

📒 Petty Cash Log
Add Transaction
# Date Description Income Expense Balance
No transactions yet. Add your first entry above.
Opening
$0.00
Total Income
$0.00
Total Expenses
$0.00
Closing Balance
$0.00

What is Petty Cash?

Petty cash is a small amount of money kept on hand by a business to pay for minor, day-to-day expenses such as office supplies, postage, coffee, or small repairs. It avoids the need to write a check or use a corporate credit card for small purchases.

Petty Cash Best Practices

  • Set a replenishment limit — Replenish the fund when it falls below 20–25% of the opening balance.
  • Require receipts — Always require a receipt for every petty cash expenditure.
  • Reconcile regularly — Count the cash and match against your log at least weekly.
  • Designate a custodian — One person should be responsible for the petty cash fund.
  • Keep it secure — Store petty cash in a locked box or drawer.

How to Set Up a Petty Cash Fund

  1. Determine the fund amount (typically $50–$500 depending on business size).
  2. Write a check for the opening amount and cash it.
  3. Enter the opening balance in our Petty Cash Log above.
  4. Record every transaction as you go using the Add Transaction form.
  5. When the fund runs low, add the total expenses and request a reimbursement check.