Bank Cash mutation

Posted by Imam Larh on Thursday, 15 February 2018

1. Understanding cash Bank
The control of cash in the company is usually done by opening a company bank account by depositing the revenue received. The company deposit all funds received in the bank, the cash balance of the company covering money deposits current account at a bank, cash, and checks from buyers or customers who have not been on the deposit to the bank, but are already noted in the journal company and cash funds small. So the bank is the company's Treasury cash deposited in a bank, either in the shape of savings or checking account. The Bank will provide periodic reports on the current account holder regarding those transactions that have occurred in detail.

Opening a bank account, typically a company should deposit some funds/money as the initial capital of the bank cash. However, sometimes the bank first determines the amount of cash that must be stored and the minimum amount that must be saved in the account.
This balance is called the balance compensation.


2. Understanding mutations cash bank
The bank is a cash transaction mutation of receipts and expenditure cash bank subs some specified time. As for the activities of the receipts and expenditure cash (cash Mutations), as follows.
  • Receiving funds in the form of cash or a cheque received from the other party, noted in his journal the receipt of cash.
  • Deposit cash and cheques received to the bank, the event is recorded in the list of deposits to the bank based on evidence (slip) deposit.
  • Public cash Outlay, in the sense interesting (use) money deposits in banks, including expenditure for the establishment and filling of the petty cash fund return is carried out using cheque/bilyet giro. Then note in the accounts payable journal book (on the register check).
  • Accounts payable (for payment that is not practical if you use checks), the transaction is recorded in the books of the petty cash journal.
Document receipt and cash expenditure

Cash is easy for assets in embezzlement, resulting in the acceptance and its expenditure required a document to his. As for required documents, namely:

1. The cash receipt Document
Acceptance of cash generally comes from cash sales transaction and receipt of debts of the debtor. Related documents, among others:
  • Proof of incoming cash made by the company, from any source.
  • Invoice (n.) sales cash as evidence supporting a cash sale transactions come from.
  • A list of the notification letter from the debtor as evidence supporting a taste of acceptance receivables.
  • Memo (credit notes) from banks as evidence supporting that stems from the acceptance of funds transfer through accounts receivable and debtor.
  • Letter of notification of the debtor as evidence comes from supporting the acceptance of accounts receivable.
  • Proof of deposit to the bank as evidence supporting that is used to check the number of funds received by the number of funds deposited to the bank.
2. accounts payable Document
Accounts payable generally includes the expenditure for payment of debt, cash purchases, as well as the payment of operating loads, such as the burden of transport costs and employee salaries. Payments generally use checks, but for spending a relatively small number of uses and petty cash.

To obtain other related documents:
  • Proof of cash out made by the company for any evidence of accounts payable transactions.
  • Invoice (n.) purchase of cash as evidence supporting that stemmed from the purchase transaction in cash.
  • A credit purchase invoice as evidence of payment for the supporters.
  • Receipt of goods as proof of payment for the supporters.
  • Request re-charging and petty cash as evidence supporting small cash funds to fill.
  • Evidence of petty cash expenditures as supporters demand to replenish petty cash.
  • Petty cash spending request Letter as supporting evidence a small cash outlay.

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