Entities Para

Customers
Cashier
Computer
Cashier
Owner
Activities
1. Places orders and sends cash for payment.
2. Places the cash into the cash register.
3. Records the transactions in the computer.
4. Makes official receipt to send to customers and for the entity's copy
5. Verify the amounts received during the period.
6. Compares the records of official receipt, the computer's records and the total cash in the cash register.
7. Reconciles any variances from the records.
8. Prepare the desopit slip.
9. Takes the deposit to the bank.
Entities Para
Owner
Cashier
Owner
Cashier
Activities
1. Makes withdrawal slip for the bank and a company's copy for bookeeping purposes
2. Withdraws cash from bank account
3. Advances orders to suppliers
4. Computes salary to employees
5. Approves purchases and salary disbursements.
6. Pays to respective vendors, suppliers and employees.
7. Records transactions
8. Reconciles company records to the bank records
Entities Para
Owner
Petty Cash Custodian
Owner
Activities
1. Approves disbursements from the petty cash.
2. Giving out payments.
3. Records transactions and compile collected receipts in relation to the transactions.
4. Replenishes petty cash fund incase of deficiencies.