Question

In: Accounting

List specific jobs that should be segregated in the purchases processing system.

List specific jobs that should be segregated in the purchases processing system.

Solutions

Expert Solution

solution :

Money is the most fluid resource of any association, so dealing with money turns out to be extremely essential for any association. The following are few occupations should be structured and settled for suitable Cash Receipt System between at least two people:

1.

Money Handling: This individual will approach of money, who acknowledges money installments and issues receipts

2.

Getting ready store and keeping This individual approaches money and plans for store structures and store the money in bank. There might be two man engaged with this two procedure of getting ready and keeping.

3.

Compromise of money This individual will accommodate the money receipts and stores by getting counted the money enroll and the saved sum everyday or intermittently.

4.

Recording of money receipts in books of Accounts

this individual will be responsible for bookkeeping passages of money in the books of records. This individual could conceivably approach money


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