Petty Cash Sheet

[Mike C]

Hi Taniel,

If you are wanting to claim VAT from SARS on the Petty Cash Claim then certain information is required for SARS to regard it as valid:

If the amount is over R5,000 then:
The words “TAX INVOICE” in a prominent place
Name, address and VAT registration number of the supplier
Name, address and VAT registration number of recipient
Serial number and date of issue
Full and proper description of the goods and/or services
Quantity or volume of goods or services supplied
Price & VAT

If the amount is less that R5 000
The words “TAX INVOICE” in a prominent place
Name, address and VAT registration number of the supplier
Serial number and date of issue
A description of the goods and/or services
Price and VAT

If you are not claiming VAT then all that is usually required for a Petty Cash Voucher is the Supplier Details, the Purchase Details and the Amount. (Usually a slip confirming the purchase is attached.) This is usually needed to track the types of expenditure being made so that they can be charged to various expense accounts.