SoftGuide > Functions / Modules Designation > Cash disbursement

Cash disbursement

What is meant by Cash disbursement?

"Cash Disbursement" refers to the payment of cash from a company's or a bank's cash reserves. This can be for various purposes, such as paying suppliers, reimbursing employee expenses, or distributing wages and salaries in cash.

Typical Functions of Cash Disbursement Software:

  1. Recording Cash Disbursements: Ability to record cash disbursements in detail, including the recipient, amount, date, and purpose of the disbursement.
  2. Receipt and Voucher Creation: Generating receipts and vouchers for each cash disbursement for documentation and tracking purposes.
  3. Accounting and Account Reconciliation: Automatically posting cash disbursements to the appropriate accounts and assisting in account reconciliation.
  4. Expense Tracking: Monitoring and analyzing cash expenses to control liquidity and adhere to the budget.

 

The function / module Cash disbursement belongs to:

Point of Sale (Pos) and cash register

Accounting

Payment transactions

Software solutions with function or module Cash disbursement:

Sage 100