I'm trying to understand the meaning of 'CR' when it's used in the context of cash. I've encountered this term and I'm not sure what it stands for or represents in relation to cash transactions or records.
5 answers
Sara
Thu Nov 21 2024
Additionally, the CR includes non-revenue-related receipts, such as refunds posted to objects of expenditures. This ensures that any refunds issued are properly documented and accounted for.
Gianluca
Thu Nov 21 2024
Deposits into trust funds are also recorded in the CR document. This transparency helps in maintaining the integrity and accountability of funds held in trust.
DigitalDukedom
Thu Nov 21 2024
The Cash Receipt (CR) document serves as a vital record for all monies collected and deposited manually.
Eleonora
Thu Nov 21 2024
It comprehensively logs collections against outstanding accounts receivables, ensuring accurate tracking of payments received against invoices and other receivables.
Stardust
Thu Nov 21 2024
The CR document also captures cash basis revenue, which represents income earned and received in cash during the accounting period.