Every penny the committee receives must be deposited into the bank account.  The treasurer may establish a petty cash fund that will be used for small purchases (either direct purchases or to reimburse volunteers of agents of the committee for their out-of-pocket expenditures) by withdrawing funds from the account or cashing a campaign check. Be sure to keep the bank receipt with the campaign records when withdrawing funds.  The amount transferred to the petty cash account is not reported as an expenditure.