Issue: №10/1, 2019
The organization of cash transactions has always been and remains under close scrutiny by both business owners and the state. Recently, there have been numerous changes in the legislative regulation of cash transactions, which raise many issues for business entities. The purpose of the study is to study the regulatory aspect of the organization of conducting cash transactions at the cash desk of the enterprise. At present, cash itself continues to play a significant role in settlement operations, both with individuals and legal entities. The procedure for storing, using and displaying in cash accounting system is determined by numerous normative legal acts, as well as internal administrative documents at the enterprise. As a result of the study, it was found that the state had transferred some of its functions to regulate cash transactions directly to the business entities, which testifies to the liberalization of doing business. The following local acts that are developed at the enterprise include: accounting policy order; order on cash discipline; the procedure for posting cash at the cash desk of the enterprise; the procedure for setting the cash limit; an order to set a cash limit with the size of such limit. The availability of such administrative documents at the enterprise will facilitate the proper handling of cash and, to some extent, facilitate it. Such documents will take into account the peculiarities of the enterprise. As a result, it can be said that the organization of monetary circulation with a number of provisions, orders and laws, which are necessary for revealing the legality and reliability of business transactions, local documents, significantly affects the accounting and financial reporting at the enterprise. Accountants must have a clear understanding of the competence and position of the authority that issued the relevant legal instrument for dealing with cash transactions in order to make correct use of legal acts. References 1. Regulations on conducting cash transactions in national currency of Ukraine: the instruction approved by the Decree of the NBU Board dated December 29, 2017 No. 148. URL: http://zakon.rada.gov.ua/laws/show/v0148500-17 (in Ukrainian) 2. National Accounting Standard (Standard) 1 General Financial Reporting Requirements URL: http://zakon4.rada. gov.ua/laws/show/z0391-99 (in Ukrainian) 3. Vysochan O.S. Accounting of cash and cash equivalents: theory, methodology, organization: abstract diss … cand. econ. sciences / State Academy of Statistics, Accounting and Auditing. Kyiv, 2016. 23 p. (in Ukrainian) 4. Hres N.A. Legal conflicts of procedure of conducting cash operations by enterprises. Accounting and Auditing. 2017. № 11. pp. 27-30. (in Ukrainian)
Keywords : cash, cash payment, cash desk , regulatory acts, cash discipline