This tool discusses points to consider for significant accounting applications associated with the cash receipts process.
Checklist items include: open mail and list checks; handle receipts of currency; prepare bank deposits; compare a list of checks to bank deposits; maintain a cash receipt journal; maintain accounts receivable records; authorize write-offs of uncollectible accounts; reconcile accounts receivable records to the general ledger; and control the accuracy, completeness of, and access to cash receipts programs and data files.