Petty Cash Management
Manage petty cash transactions effortlessly by tracking fund additions, expenses, and reimbursements.
💰 Financial Control: Introducing the Mewayz Petty Cash Management Add-On
Effortlessly manage petty cash transactions by tracking fund additions, expenses, requests, and reimbursements. The Mewayz Petty Cash Management Add-On monitors balances dynamically to ensure accurate financial control, accountability, and transparency across your organization.
🎯 Key Features for Petty Cash Control:
Fund Addition & Balance Calculation:
Real-Time Accuracy: Easily add funds to the petty cash account while the system maintains real-time calculations of total balance, expenses, and available cash.
Financial Management: Ensures every transaction is accounted for with automatic balance updates and accurate records of added funds.
Petty Cash Request & Approval:
Oversight: Employees can request petty cash for business expenses, with requests routed through a mandatory approval process.
Transparency: This approval-based workflow ensures proper oversight and prevents unauthorized expenditures, with clear status tracking (pending, approved, rejected).
Category-Based Expense Management:
Tracking & Analysis: Expenses are categorized for better tracking and financial analysis.
Auditing: Assign expenses to predefined, customizable categories to effectively monitor spending patterns and facilitate easier financial auditing.
Reimbursement Management System:
Compliance: Users can submit reimbursement requests with receipts for verification of business-related expenses.
Workflow: Requests go through a multi-step approval system to ensure compliance with financial policies before completion, with clear status tracking from request to final completion.
Ready to gain dynamic control and transparency over your organization's petty cash?
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