Quizzes & Puzzles4 mins ago
Accounts Help Please....
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A new boss has just landed me with an extra job of setting up a Receipts Cashbook and a Payments Cashbook... which is fine with different headers etc... but he has also added 2 other tabs on Excel for Petty Cash Receipts and Petty Cash Payments which are EXACTLY the same sheets as the Receipts and Payments Cashbooks with same headers - I understand this is for the CASH only payments and receipts .. I don't understand why he cannot just look at the 2 actual cashbooks as the info will just be copied and pasted from that.. also on the Cash Payments the headers are Salaries, Vehicle Expenses, Contracts... as IF we are going to pay those items in CASH?? I don't get it. We have online banking why can't he just look at that on a daily basis? Can somebody with Accounts Experience please explain. Thank you so much... confused.com !
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