The banking documentation

All banking transactions are recorded only if the documentary evidence. Banking documents - is a written order to the client or the responsible officer of the bank to conduct monetary settlement operations or other operations in the bank. By appointment, they are divided into administrative, ie, contain permission to perform operations and executive. Documents received by the Bank from enterprises and institutions, other banks, as well as drawn directly from the bank and provide the necessary information about the nature of the operation, which allows you to check its validity and to carry out banking supervision. Thus, the document is written confirmation of the operation and the basis for its reflection in accounting. The document certifying the deal, called the primary. Based on primary documents can be prepared summary documents. The set of documents used by the bank for accounting and control of the banking documentation. Documents on the contents of the operations are divided into: cash, memorials, and other off-balance sheet cash documents drawn up operations for receiving and paying out cash. They share the revenue and expenditure. For pay-owned ad to make cash on hand, cash order receipt, etc., to the expenditure - cash a check for cash and expendable cash order. The memorial records being used for non-cash transfers in the accounts. This settlement documents provided by the bank customers (money orders, requirements, orders, settlement checks), memorial orders, etc. To off-balance sheet instruments include off-balance sheet credit and debit orders. These documents are made welcome and issuance of valuables and documents stored in the office and warehouse. Topic: The role of accounting in the management of the bank, its types and purpose | Tags: documentation