Can Anyone Explain The Internal Control System Of Cash Sales?

The salesman can sell products over the counter. The sale book can be prepared on the basis of cash memos issued by the staff. The sales staff should not handled cash. All cash receipts must be handled over to the cashier. Accountant can make entries in the books of accounts. Another person can deposit cash. Cash register is maintained in large retail shop. There is a need of secrecy for its working. The main equipment and attachments must work without any interference from employees. The auditor can check carbon copies of cash sales. The copies can be used as a basis of determining total sales for a particular period. The goods are handled over to the customer along with cash memo.

                       The officer sales must check and sign the cash memo at the time of delivery of goods. One copy is kept for determining total sales. The sales summary must be presented and sent to sales manger. The sales summary must be prepared and sent to sales manager. The sales summary must tally with the cash received from customers. The sales officer can check the cash memo for the day. The sale summary should be examined. The cash collected must tally with the cash memo as well as total sales summary for the day.

By segregation duties, Authorisations, all record must be record by different person,
bank the cash    immediately, pre sequence  number .
Staff should  write down how much cas received  , and summary  of item have been sold.
Manager  should sign it before   cash drop to safety box cash which the only cashier  can open in