Cash operations. Features of their conduct

Cash transactions are actions related to the receipt and issuance of money from cash offices of banks, various organizations and companies that are issued with special income and expenditure orders.

This term also includes operations on stock exchanges, the calculation of which should be conducted until the next day, after the transaction, actions with cash, securities, deposits, as well as repayment of debt or other debt obligations.

The Federal Tax Service draws the attention of individual entrepreneurs to the fact that the cash transactions that they carry out must be conducted according to certain rules:

• you need to determine the cash balance limit;

• money, the amount of which exceeds this limit, must be kept in bank accounts;

• All cash transactions should be processed with the help of incoming and outgoing orders;

• You also need to keep a corresponding cash book.

In banks, the monetary limit is established according to the following principles:

• Cash-desk centers, as well as reserve funds of coins and currency units in banknotes (with the permission of the Bank of Russia), should operate in cash settlement centers. All cash received within one business day must be posted to the relevant accounts on the same day;

• territorial banking institutions should take into account the clients' needs for cash for wage calculations or for other needs;

• the amount of the limit is set at the end of the working day. All funds that exceed it must be transferred to the reserve fund, i.e. Withdraw from circulation;

• All duties related to the storage of funds in the reserve fund and cash settlement centers are assigned to officials - the chief, the chief accountant and the head of the cash department.

For mass servicing of customers, cash operations are carried out in offices that contain:

• income and expenditure structures;

• units that exchange and convert the currency.

Officials who are responsible for the storage of valuables must have metal seals and keys from the storerooms, as well as stamps. These funds are needed in order to carry out cash operations properly.

To issue cash in banking institutions, there are separate cash departments. To carry out settlement cash operations, the manager issues cash to the cashiers in the required amount only against receipt. For wages, money can be given out for three working days under special spending orders.

It is worth noting that the cashier, who performs cash operations, is prohibited from issuing money at the same time to several cash checks, as well as to conduct any actions with currency in which customers do not contribute funds, but at the same time present cash checks and a cash deposit application.

It must also be said that when accepting or issuing money, the cashier must draw up appropriate certificates. At the end of the day, the rest of the money, cash receipts, a reference with the control tape of the calculator are handed over against receipt to the cashier for verification.