Safeguards the assets of the distributor viz Cash/Bank, by maintaining accurate record ( Accounting & Reconciliation) of all Cash and Bank transactions and by making timely, authorized payments.
Receipts Collects Cash/DD/CDC/PDC and prepares CR
Make payments for expenses, purchase of assets, TER and repayment of liabilities
Pay and maintain payroll register
Pay all statutory dues before due date
Prepare BPV for payments made for P&G purchase
Classify expenses into the correct account head
Deposit Cash/DD/CDC/PDC into the bank without any delay.
Make only authorised withdrawals
Collect Debit/credit advice and weekly bank statement from the bank.
Manual Cash book Vs Cash book ledger
Manual Cash book Vs Physical Cash
Bank reconciliation and PDC reconciliation
Summarise ‘CR’ and prepare ‘CRR