section at the end of the book. CONCLUSION We have now looked at how most payments are made by a business and recorded in the accounting system. Even the smallest amounts must be justifiable, be properly evidenced and authorised. The expenditure must then be recorded correctly in the petty cash log or book, and then in the general ledger. The petty cash book may be kept on the imprest or non-imprest system. Float plus the vouchers for recent payments should be reconciled regularly to identify and resolve any issue identified.