CASH ITEMS

1. Cash on hand
a. Bills and coins – paper bills, metal coins
b. Different checks
 Customer’s check – received from customer
 Travelers’ check – with security feature and signature
 Manager’s check – issued by bank managers, guaranty
 Cashier’s check – issued by bank cashiers
 Company’s undelivered checks – to be delivered, as long as nasa kanila yung
check, cash parin yun ng company
 Company’s Postdated checks – natanggap na ng mga may utang, di pa pwede
bayaran hangga’t di pa nadating yung date na nakasaad, part padin ng cash
balance ng company (customer may utang)
 Company’s stale checks – tsekeng pambayad ng company kaso lumagpas sa due
date, kasama padin sa cash balance nila, hihingi ulit ng panibagong check ang
nagpapautang kapag babayaran na nung company
c. Bank Drafts – documents issued by company
d. Postal Money Orders – money na pinapadala thru post office
1. Cash in Bank
a. Savings Account – usual and regular na ipon, may interest
b. Checking account – may checkbook, parang tseke ganun galing sa bangko, maybibigay na
tseke sa pinag utangan tapos babayran thru account sa bank
c. Bank accounts in foreign currency – cash items na nasa foreign currency
2. Working fund
a. Petty Cash Fund – pambayad sa small expenses
b. Change fund – panukli ng cashier
c. Payroll fund – pangsweldo sa employees
d. Dividend fund – pambigay sa stockholders
e. Tax fund – pambayad sa tax
f. Interest fund – pambayad sa interest sa utang

SPECIFIC NON-CASH ITEMS (hindi pwede maconsider as cash)

1. Receivables – lahat ng receivables

a. Cash in closed banks
b. Customer’s postdated checks – company yung may utang
c. Customer’s NSF –
d. Customer’s stale checks – di pa nakukuha nung company on time
e. IOU (I Owe You) – utang ng employee sa company
2. Prepaid assets
a. Advances for employee travel
b. Postage stamps –
c. Supplies
3. Temporary investment
a. Trading security – share mo sa stock ng ibang company
 4. Non-current Assets
a. Restricted Foreign Bank Accounts – di pwede mawithdraw
b. Bond Sinking Fund – payment of bonds payable na magmamature na
c. Plant Expansion/Acquisition Fund – pambayad ng PPE
d. Retirement Fund – para sa employees
e. Pension – para sa mga veterans
f. Contingent Funds – pang worst case scenario
5. Expenses
a. Expense Voucher – nagastos na gamit ang voucher

CASH MANAGEMENT

1. Segregation of Duties
a. Authorization – pang high level, para sa requisition orders
b. Custodian – may hawak ng pera
c. Recording – ginagawa ng mga accountant at bookkeeper
2. Imprest system –
3. Voucher system – kailangan ng authorization ng high level manager
4. Internal Audit at irregular intervals