![]() Some examples of such small payments are bus, taxi or car fare, stamps and postage, payments for coffee or tea and others. ![]() Typically this kind of book or log is created for small payments or transactions which involve small amounts so that everything is recorded, no matter how small. The amount, date and purpose (for expenses) would have to be listed down so your record will be comprehensive and complete. When your organization has an actual book for petty expenses, all your cashier would have to do is list down everything right after every transaction. Throughout the day, quite a number of petty expenses are done especially for bigger organizations and having a book to record everything in is essential so you don’t lose track of your money and you don’t end up having questions about daily expenditures.
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