Importance of cash management in Bank Cash Management and Maintenance of Keys and Security measures Introduction Importance of cash management in Bank: Cash is a very important and sensitive item for day-to-day transaction of the Branches. Internal check, supervision and monitoring at different stages of cash handling is extremely necessary to […]Read more
Cash Payment receipt Section.A cash payment receipt is the document that proves that there is a monetary amount that has been received from an entity. Different transactions may use the cash payment receipt depending on the nature of the cash payment. Normally, it is just a statement of the money being received by the business or organization. But there are some cases where it may also be used for petty cash reconciliations and other special processes.