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