cash payents

Question 1

how should payment be made

Answer 1

all payments should be made by eft

all payment should be supported by eft vouches
each eft should have supporting document

there should be brother authoriztion for payments

Question 2

where should payments not be made form

Answer 2

no payments should be made by cash register

Question 3

after a payment is made what should apple

Answer 3

you must stamp invoices with ‘PAID’ after payments with the date indicated and eft voucher number

monthly bank statements to be checked against the payments journal

Question 4

what is the most important and common thing to be doe to prevent unusual payments

Answer 4

division of duties