Cash Basis Entry Overview

Procedure

Completed By

Completed Date

Review file for any unprocessed entries from prior month

Review file and confirm any reversing entries have been processed.

Confirm general ledger coding of cash receipts

Run an adding machine tape for batch total

Enter cash receipts activity

Confirm report total agrees to tape

Confirm general ledger coding of cash disbursements

Run an adding machine tape for batch total

Enter cash disbursement activity

Confirm report total agrees to tape

Complete bank reconciliation procedures

Update fixed asset schedule and depreciation, if applicable