Negative cash -how to deal
This query is : Resolved
25 December 2012
Hi one of my branches have negative cash at month closing very often in branch petty cash ledger. So before audit I want to adjust and make it positive. So can you advise how to proceed in right direction. We generally send cheque to branch and receive vouchers.
Amol S Joglekar
(Expert)
25 December 2012
01. find out the real reason and accordingly it can be shown in the books.
Some body must be giving hand loan or temporary loan.
Another way out could be the "reimbursement"
Some body must be giving hand loan or temporary loan.
Another way out could be the "reimbursement"
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