Pls hide my identity Good day GABOTAF,ask lng po ako ng clarification regarding po sa documentary requirements na canvass from atleast 3 suppliers for purchases involving P 1,000 and above in the liquidation of cash advances/Petty Cash Fund. Ano po…

4 thoughts on “Pls hide my identity Good day GABOTAF,ask lng po ako ng clarification regarding po sa documentary requirements na canvass from atleast 3 suppliers for purchases involving P 1,000 and above in the liquidation of cash advances/Petty Cash Fund. Ano po…”

1. It should be in an aggregate amount. If we will rely on a transaction basis, the petty cash custodian might buy an item with 999 pesos in order for him/her to circumvent the requirement. Example if per item basis, does this mean he/she can buy 100 items costing 999 pesos each with a total amount of 99,990 pesos even without quotations? It will affect the objectivity of the rule if that would be the case.

2. It should be per item.

3. Bro hide ur identity pero kitang kita sa Group name mo

4. PTF- 1,000 above need Atleast 3 quotation

   Pag below no need na. Basta Alam ko Lang limit Lang Ng 15,000 below Ang pwedi I purchase thru Petty cash fund.

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