CONTACT US SEARCH CSU

Frequently Asked Questions - Petty Cash

How do I determine the GST amount of a GST inclusive receipt?

Divide the total by eleven (11). For example, a receipt for $75 divided by 11 will give a GST amount of $6.81.

What special approval is required for the payment of a telephone account through petty cash?

In addition to the normal supporting documentation, the Dean/Executive Director must authorise the claim before payment can be made.

Back to Finance FAQ List