Business Process Management

Replenishing Petty Cash – Stay Accurate and Audit-Ready

Business Process Management / Ruby Gatus

Replenishing Petty Cash – Stay Accurate and Audit-Ready Replenishing Petty Cash – Stay Accurate and Audit-Ready Running out of petty cash isn’t just inconvenient it can disrupt your operations. But more than that, failing to replenish it correctly can cause accounting inconsistencies and make you vulnerable during audits. Here’s how to set up a replenishment […]

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Compliance First – BIR Rules for Petty Cash and Small Transactions

Compliance First – BIR Rules for Petty Cash and Small Transactions Compliance First – BIR Rules for Petty Cash and Small Transactions Did you know the Bureau of Internal Revenue (BIR) scrutinizes petty cash just as much as large corporate spending? Whether it’s a ₱100 receipt or a ₱5,000 meal reimbursement, the rules are the

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