Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Learn about cash allowances, their purpose, how they work, common types, and the factors influencing the amount. Ideal for ...

Keep petty cash on hand in your business to cover small unexpected expenses. These expenses can include paying postage, tipping delivery people, purchasing supplies, buying gifts and more. The ...

Petty cash is a system for keeping track of small, random business purchases that can easily be forgotten and left unrecorded in your bookkeeping system. Petty cash is also useful when paying for ...

University organizational units may be provided a designated amount of cash for payment of incidental expenses of a nominal amount that require cash payment and that are not appropriately billed by ...