QuickBooks Online 2021 bank reconciliation month two or for the second month of operation, we’re going to be focusing in on cash decreases in the bank reconciliation process. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice problem, we’re going to be continuing on with our bank reconciliation, first opening up our balance sheet and duplicating the tab up top. To do so we’re going to go up to the tab up top right click on it, duplicate the tab up top down to the reports on the left hand, then selecting our favorite report that being the balance sheet report opening up the balance sheet report.
Posts with the audit trail tag
Bank Reconciliation Month #1 Checks & Cash Decreases 9.12
QuickBooks Online 2021 bank reconciliation month one or in other words, the first bank reconciliation within our QuickBooks system now focusing in on checks and other decreases to the checking account, let’s get into it within two, it’s QuickBooks Online 2021. Here we are in our geekery guitars practice problem, we’re going to be continuing on with our bank reconciliation.
Void Check Prior Period Adjustment 1.29
QuickBooks Online 2021 void check prior period adjustment. Let’s get into it with Intuit QuickBooks Online 2021. Get into it. Here we are in our Google search page, we’re searching for QuickBooks Online at test drive. And then we’re going to be selected QuickBooks Online test drive for Intuit, the owner of QuickBooks, we’re going to verify that we are not a robot, and then we’ll continue.
Cash Internal Controls Overview
In this presentation, we’re going to introduce the internal controls related specifically to cash, cash internal control goals, these are going to be the objectives of the internal control system over cash, we want to have the cash handling separate from the record keeping. So whoever is handling the cash, we would like to have them not be the same person doing the record keeping. And therefore we have that separation of duties. We have the person that is entering the data, not having as much of an incentive to steal the cash because they’re not the ones handling the cash, the people handling the cash, know that if they do steal it, the record keeping should pick that up, and they are a separate person. cash receipts are deposited to the bank. We want to make sure that the cash receipts are going to the bank as soon as possible, hopefully on a daily basis, so that we’re not actually emulating cash. We don’t want a cash to be piling up, because if it is then we have a greater risk of theft to happen and greater loss if that does happen.