About this document
Cash Receipt Accounting Flowchart by Mark Louie Alonsagay Ferrer is a document available to read on EtoBox.
The document outlines the cash receipts flowchart. Checks and remittance advices are received in the mail room and a prelist is sent to cash receipts and accounts receivable. Cash receipts verifies checks for accuracy and prepares a deposit slip and journal voucher. Accounts receivable posts payments to subsidiary ledgers and sends summaries to the general ledger. The general ledger reconciles the journal voucher and summaries and updates control accounts. The controller reconciles bank accounts.
- Author
- Mark Louie Alonsagay Ferrer
- Language
- EN