The difference between a petty cash book and a cash book is that a petty cash book is used to record small and repeated transactions where as a cash book is used to record transactions of larger sums.
Here are two primary types of entries in the petty cash book, which are a debit to record cash received by the petty cash clerk (usually in a single block of cash at infrequent intervals), and a large number of credits to reflect cash withdrawals from the petty cash fund. These credits can be for such transactions as payments for meals, flowers, office supplies, stamps, and so forth.
Several businesses also keep a smaller cash book called a petty cash book to track the company's daily little expenses. For all money transfers in a firm, larger and smaller businesses keep two distinct types of petty cash books.
Let's start with petty cash book meaning. A petty cash book is a sort of cash account utilised to keep track of little, routine expenses like workplace tea, bus ticket, petrol, newsprint, hygiene products, fasteners, casual labour, etc.