Accounting. Cash in current accounts (most important)

Lecture notes, cheat sheets
Free library / Directory / Lecture notes, cheat sheets

Accounting. Cash in current accounts (most important)

Lecture notes, cheat sheets

Table of contents (expand)

35. Cash in current accounts

Checking account the bank opens to organizations in order to store free cash balances and carry out various settlement operations. The current account number appears in all payment documents of the organization.

To open an account In the bank, the organization must provide the following documents:

▪ application for opening an account;

▪ two copies of bank cards with sample signatures of the head of the organization and the chief accountant and their deputies, an imprint of the organization’s seal;

▪ copies of the organization’s charter, constituent agreement and registration certificate, certified by a notary;

▪ certificates from the tax office, the Pension Fund, the Compulsory Medical Insurance Fund regarding registration with them.

In case of opening multiple accounts organization, it must provide information to the tax office on all settlement accounts.

Organizations that have separate non-self-supporting subdivisions outside their location, at the request of the owner of the main account, can open settlement sub-accounts for crediting revenue and making settlements at the location of non-self-supporting subdivisions.

Foreign legal entities ruble accounts are opened only at the location of their representative offices.

From the current account, the bank pays the obligations, expenses and instructions of the organization in the manner of non-cash payments, issues funds for wages and household needs. Amounts are written off and credited on the basis of the following documents: a written order of the owners of the current account or with their consent.

The exceptions are payments collected by decision of courts or financial authorities, as well as payments to the state budget, off-budget funds, social funds, and customs authorities. Similarly, bills of energy supply, heat supply and water supply and sewerage organizations can be paid.

In case of insufficient funds in the account write-off is carried out in the sequence determined by the Civil Code:

▪ according to executive documents providing for the transfer or issuance of funds from the account in order to satisfy claims for compensation for harm to life and health and claims for the collection of alimony;

▪ according to executive documents providing for the transfer or issuance of funds for settlements of wages for workers under an employment contract, as well as for the payment of remuneration under an author's agreement;

▪ according to payment documents providing for the transfer or issuance of funds for settlements of wages, as well as for contributions to the Pension Fund of the Russian Federation, the Social Insurance Fund of the Russian Federation and compulsory medical insurance funds;

▪ according to payment documents providing for contributions to the budget;

▪ according to writs of execution to satisfy other monetary claims;

▪ for other payment documents in calendar order.

Cash held on settlement accounts is accounted for on an active synthetic basis. account 51 "Settlement accounts". The debit of this account reflects the receipt of funds, and the credit - their reduction. The basis for entries on the current account are bank statements with supporting documents attached to them.

Author: Kabkova E.N.

<< Back: Cash transactions

>> Forward: Cash in foreign currency accounts

We recommend interesting articles Section Lecture notes, cheat sheets:

▪ Bank audit. Crib

▪ Roman law. Crib

▪ History of world and domestic culture. Crib

See other articles Section Lecture notes, cheat sheets.

Read and write useful comments on this article.

<< Back

Latest news of science and technology, new electronics:

The existence of an entropy rule for quantum entanglement has been proven 09.05.2024

Quantum mechanics continues to amaze us with its mysterious phenomena and unexpected discoveries. Recently, Bartosz Regula from the RIKEN Center for Quantum Computing and Ludovico Lamy from the University of Amsterdam presented a new discovery that concerns quantum entanglement and its relation to entropy. Quantum entanglement plays an important role in modern quantum information science and technology. However, the complexity of its structure makes understanding and managing it challenging. Regulus and Lamy's discovery shows that quantum entanglement follows an entropy rule similar to that for classical systems. This discovery opens new perspectives in the field of quantum information science and technology, deepening our understanding of quantum entanglement and its connection to thermodynamics. The results of the study indicate the possibility of reversibility of entanglement transformations, which could greatly simplify their use in various quantum technologies. Opening a new rule ... >>

Mini air conditioner Sony Reon Pocket 5 09.05.2024

Summer is a time for relaxation and travel, but often the heat can turn this time into an unbearable torment. Meet a new product from Sony - the Reon Pocket 5 mini-air conditioner, which promises to make summer more comfortable for its users. Sony has introduced a unique device - the Reon Pocket 5 mini-conditioner, which provides body cooling on hot days. With it, users can enjoy coolness anytime, anywhere by simply wearing it around their neck. This mini air conditioner is equipped with automatic adjustment of operating modes, as well as temperature and humidity sensors. Thanks to innovative technologies, Reon Pocket 5 adjusts its operation depending on the user's activity and environmental conditions. Users can easily adjust the temperature using a dedicated mobile app connected via Bluetooth. Additionally, specially designed T-shirts and shorts are available for convenience, to which a mini air conditioner can be attached. The device can oh ... >>

Energy from space for Starship 08.05.2024

Producing solar energy in space is becoming more feasible with the advent of new technologies and the development of space programs. The head of the startup Virtus Solis shared his vision of using SpaceX's Starship to create orbital power plants capable of powering the Earth. Startup Virtus Solis has unveiled an ambitious project to create orbital power plants using SpaceX's Starship. This idea could significantly change the field of solar energy production, making it more accessible and cheaper. The core of the startup's plan is to reduce the cost of launching satellites into space using Starship. This technological breakthrough is expected to make solar energy production in space more competitive with traditional energy sources. Virtual Solis plans to build large photovoltaic panels in orbit, using Starship to deliver the necessary equipment. However, one of the key challenges ... >>

Random news from the Archive

Clouds predict an earthquake 27.10.2008

Chinese geophysicists, having studied satellite photographs of the Earth over many years, argue that large, long-lasting breaks in the clouds can be harbingers of an earthquake.

In December 2004, a gap in the clouds was observed over the southern part of Iran for several hours, stretching for hundreds of kilometers. He remained in one place, although the clouds around him moved. The opening coincided with the geological fault known here. At the same time, infrared images showed that the ground in this place has a higher temperature than usual.

After 69 days, an earthquake of magnitude 6,4 occurred. In December 2005, a break in the clouds was again observed there. 64 days later, an earthquake of magnitude 6 occurred.

The authors of the study suggest that some gases are released from the soil before the earthquake, preventing the condensation of water in the atmosphere. According to another version, the piezoelectric effect that occurs in rocks under strong compression is to blame. Clouds are dispersed by the electric charge of the earth's surface.

However, skeptics point out that two such cases are not enough to draw far-reaching conclusions.

Other interesting news:

▪ Doctor in your pocket

▪ LSI Axxia 4500 communication processors based on ARM architecture

▪ Indium shortage threatens touch screen manufacturing

▪ Parachute for the whole plane

▪ Tiny single-gate logic chips

News feed of science and technology, new electronics

Interesting materials of the Free Technical Library:

▪ section of the site Amateur radio calculations. Article selection

▪ article Reptilian press. Popular expression

▪ article Why was François Rabelais once arrested for intending to poison the king? Detailed answer

▪ Durian article. Legends, cultivation, methods of application

▪ article Black mordants for horns. Simple recipes and tips

▪ UHF article for St. receiver. Encyclopedia of radio electronics and electrical engineering

Leave your comment on this article:

All languages of this page

Home page | Library | Articles | Website map | Site Reviews