Un Acounted Cash

[inkjet]

Did you know that if an Advisor pays some money into the post office Hillarys have no way of tracing that Advisor.


Hence they are sitting on Acounted for Cash where Paperwork etc might not have tied up

[blindmansam]

Inkjet has stated the following........

inkjet said:

Did you know that if an Advisor pays some money into the post office Hillarys have no way of tracing that Advisor.


Hence they are sitting on Acounted for Cash where Paperwork etc might not have tied up

When i pay cash into the post office they stamp a triplicated slip with an individual 6 digit transaction number. I presume Hillary's have recorded that the paying in book with these vouchers in has been issued to a 'certain' agent - thus these inputs of monies surely must be trace able?

[inkjet]

I thought the same.

But No they do not so I was told keep a record of the paying in books issued to Each Agent Advisor.


To be honest coming from a Retail Background I would have thought that was an Elementary Accounting procedure. That any well run Accountancy system dealing with 810 plus branches would have.

[filo]

Hi Inkjet
Tip on money paid into post office,

On the invoice write the date and slip number, which means nobody
as to look any further than the invoice for any details. You can even do this on the Sam copies where deposit paid by cash; I keep my own data- base, although it takes me a little bit longer to do this, a least I can bring any detail up when thing go wrong. and can have the answers ready when I ring H/O for any reason. We keep
Getting told it’s our business, so records needs to be kept for your benefit.

[Blind Scout]

The new cash books do have a lable on the front with the agency details so I expect processing do keep a record. However, a throwback from the old payin books, where all orders numbers or invoice numbers were written on the back with value and cq or cash. We still add the Agency name and order details with value on the front under the signature line. Never had any problems.