Best Practice Guidelines: Accounting Management
2. Financial Configuration
2.2. Cashbooks configuration
Normal Cashbooks
Between Main Cashbooks and Auxiliary cashbooks
Auxiliary cashbooks (Must recon every month to ZERO)
- Cash, Card, Electronic, ERA's
- Entity transfers
Main Cashbooks (Must recon every month to the actual amount on the statements)
- Bank
- Credit cards
- Loan accounts
- Petty cash