What are the advantages of Petty Cash Book?

There are mainly four advantages of maintaining a petty cash book:- - Saving of time. Saving of time of the chief cashier - Saving of labour. Saving of labour in writing into the ledger. - Control. It provides control over small payments - Convenience in preparing ledger accounts. The Totals are not only taken to post them into ledger. No unnecessary details are to be given.