Definition of Petty Cash Book

What is a Petty Cash Book?

The petty cash book is a book of original entryBook of original entry is an accounting book or journal in which invoices, vouchers, cash transactions and others are first recorded before they are transferred to ledger accounts. More, used for recording small cash expenses, incurred on a regular basis by different officers in the office, like snacks, stationery, transport, cleaning, paper, ink, etc.

The petty cash book is maintained by the petty cashier or the officer in charge. A system, called the imprest system, is used for maintaining petty cash.