Accounting procedures manual for banks

Accounting Policies and Procedures Manual (Sample) Table of Contents Introduction General Business Office Staff Revenues and Cash Receipts Sources of Revenues Collecting Offerings Posting Revenues Cash Management Petty Cash Reimbursement Account Money Market Account Bank Reconciliations Other Reconciliations Purchasing and Accounts Payable. PROCEDURES MANUAL Approved by _____ (organization’s) Board of Directors on _____ (date) I. GENERAL 1. The Board of Directors formulates financial policies, delegates administration of the financial policies to the Executive Director and reviews operations and activities. 2.  · Guidelines for Preparing Bank Reconciliations 9 Petty Cash Management 10 Cash in Safe 12 Receipts 12 Investment Management 13 The key purpose of designing this accounting policies and procedures manual is to provide guidelines to all staff at INDEPTH Network, particularly the Finance and File Size: KB.

This Banking Policies and Procedures Supplement is developed to assist retail banking facilities in preparing a Standard Operating Procedures (SOP) Manual for their small to medium-size banks. It can be customized to fit your bank staff and operations. The content also supplements Bizmanualz core procedures manuals for Accounting and Human Resources. The purpose of this manual is to outline the accounting and budgeting policies of the rural banks (RB). It also seeks to provide a framework and specific guidelines to ensure accuracy, consistency and efficiency in carrying out accounting and financial procedures in the bank. This manual also provides a reference for the Rural Financial Institution’s (RFI’s) staff for the various tasks performed on a routine basis as well sample vouchers, reporting template etc. ACCOUNTING POLICIES AND PROCEDURES MANUAL INDEX Page I. General Accounting 3 General Information Overall Accounting System Design General Ledger Transactions General Ledger Closing Procedures Data Backup and Recovery Document Storage and Retention Policy II. Cash Management 14 Cash Receipts Accounts Receivable System Cash Disbursements/Accounts Payable Credit Card Procedures.

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