HOW TO MAINTAIN EFFECTIVE CASH MANAGEMENT

Includes:
01) Tips on fraud prevention
02) 22 financial ratios, grouped under profitability, efficiency, liquidity and solvency, to assist you in evaluating your business performance with the objective of improving its efficiency.
03) How to prepare a bank reconciliation statement and instantly verify it using validation formulas
04) How to create a formula-driven cash flow statement
05) Procedures on how to process ‘Dishonored Cheques’, ‘Stop Payment on Cheques’, ‘Cancelled Cheques’, ‘Writing back stale-dated cheques’; and how to `Monitor Post-Dated Cheques'
06) Forms e.g. `Cash Collections Register', ‘Reconciling Day’s Sales to Lodgment’ and ‘Daily Bank Balance Report’
07) Controls e.g. `Cash Clearing Account'
08) Checklists e.g. of Lodgment and cheque preparations (this saves time and money via the unnecessary cancellations of cheques, cheque payment vouchers and/or lodgment forms)
09) Guidelines to setup and manage petty cash
10) Teaching aids - over 50 charts, tables, forms, sample documents, checklists and direction-schedules.