L4 Agribusiness Presentation 2 Unit 1 hlayiso.com .2 hlayiso.com

SEFIKENG CAMPUS PRESENTATION 2 AGRIBUSINESS L4 Downloaded from hlayiso.com

A SIMPLE COMPUTERISED ACCOUNTING SYSTEM • SO 1.1 • LO 1.1.2 Downloaded from hlayiso.com

UNIT 1.2 A SIMPLE COMPUTERISED ACCOUNTING SYSTEM • Working with money is part of our everyday life. We earn money(INCOME) and we spend money(EXPENDITURE) . • Today we going to focus on documentation Of INCOME, EXPENDITURE • Those documentation plays a vital role in account, because they are our source documents. Downloaded from hlayiso.com

UNIT 1.2 A SIMPLE COMPUTERISED ACCOUNTING SYSTEM • WHAT IS SOURCE DOCUMENT? Source document is any document that serves as a proof that transaction took place. It can be expenses documentation or income documentation. It is important that these documents be stored in such a manner that they are readily accessible when required Downloaded from hlayiso.com

UNIT 1.2 A SIMPLE COMPUTERISED ACCOUNTING SYSTEM EXAMPLES OF INCOME DOCUMENTATION: o Order book o Chequebook counterfoils o Bank statement o Wage book o Delivery slips Downloaded from hlayiso.com

UNIT 1.2 A SIMPLE COMPUTERISED ACCOUNTING SYSTEM EXPENDITURE DOCUMENTATION: o Debtors invoice book o Bank deposit book/slips o Cash receipts issued o Investment o Cash invoice Downloaded from hlayiso.com

UNIT 1.2 A SIMPLE COMPUTERISED ACCOUNTING SYSTEM OTHER DOCUMENTATION: o Contracts (insurance and other) o Loan agreements o Bank correspondence o Machinery and equipment guarantees o Income tax documents Downloaded from hlayiso.com

Thank you Downloaded from hlayiso.com