DESIGN AND IMPLEMENTATION OF COMPUTERIZED CASH OFFICE MANAGEMENT SYSTEM (CASE STUDY OF IMT ENUGU)

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CHAPTER ONE

INTRODUCTION

In general cashbook is a book in which a record of cash incomings and outgoings is kept. Cash is defined as including cash, deposits, credit cards and all other cash elements to treat them together in the cashbook, based on [cash + deposits – credit cards = net cash].

You can define the range of fund to manage in the cashbook, based on [cash + deposits – credit cards = net cash]. According to how to influence “net cash” a transaction is treated as follow:
     increase       1. In (Incoming).
     Decrease      2. Out (Outgoing).
     No change 3. Tran (internal transfer).

Cash management, or treasury management, is a marketing term for certain services offered primarily to larger business customers. It may be used to describe all bank accounts (such as checking accounts) provided to businesses of a certain size, but it is more often used to describe specific services such as cash concentration, zero balance accounting, and automated clearing house facilities. Sometimes, private bank customers are given cash management services.

Cash Management Services generally offered

The following is a list of services generally offered by banks and utilised by larger businesses and corporations:

DESIGN AND IMPLEMENTATION OF COMPUTERIZED CASH OFFICE MANAGEMENT SYSTEM (CASE STUDY OF IMT ENUGU)