Talk:Petty cash

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Justification for "several thousand dollars"

In the film "Don't Tell Mom the Babysitter's Dead, there is $3,000 available in petty cash. As the movie takes place in 1990, that would be $4745.539177657099 in 2006 real dollars. This is based on the April 1990 consumer price index of 128.9 and an August 2006 CPI of 203.9. [1] However there is some abiguity here. During a scene in the movie the date of an office computer is displayed as March 22, 1989. (IMDB: http://www.imdb.com/title/tt0101757/) Using a March 1989 CPI of 122.3 the real dollar value is $5001.635322976288. However if we discount this as a "goof" but instead used the Producer Price Index as a measure of inflation the value is $4142.248722316865. (April 1990 PPI of 117.4, August 2006 PPI of 162.1). Suppose we were to assume that this money was used to purchase several barrels of oil... its worth in August 2006 would have been $11305.28148578062. (http://www.ioga.com/Special/crudeoil_Hist.htm) ...Or gold $5189.332247557003 (http://www.usagold.com/reference/prices/history.html) [2] samwaltz 20:55, 4 October 2006 (UTC)[reply]

Hmm. This is not a reliable source. And while a large firm might have thousands available as petty cash in total, it would probably be divided between different offices and departments. Easiest is to take out the reference to large firms. Itsmejudith (talk) 15:01, 5 June 2009 (UTC)[reply]

Honesty is the Key

"Honesty is the key in every situation that requests us to have good moral and ethics." This sentence, while many will agree with it, is not encyclopedic content and reads more like a Sunday school class teaching. — Preceding unsigned comment added by 108.44.86.90 (talk) 00:04, 11 February 2016 (UTC)[reply]

In countries where cheques are not used

Cheques are no longer widely used in most countries, yet petty cash is still relevant as a means of making purchases without going through more formal processes such as purchase requests. The article needs input from someone familiar with accounting to clear this up. --pmj (talk) 02:42, 17 November 2019 (UTC)[reply]