What can I use for cash settlement?

According to the Interim Regulations on Cash Management, the account opening unit may use cash within the following scopes:

1) Employees' wages and allowances;

2) remuneration for personal services;

3) Bonuses for science and technology, culture and arts, sports, and other types awarded to individuals in accordance with national regulations;

4) All kinds of labor insurance, welfare expenses, and other expenses for individuals as stipulated by the state;

5) The price of purchasing agricultural and sideline products and other materials from individuals;

6) Travel expenses that must be carried with them by business travelers;

7) sporadic expenditures below the settlement threshold;

8) Other expenses determined by the People's Bank of China to be required to pay cash.

Scope of cash settlement:

Employee salaries and allowances.

Personal Service Awards.

Bonuses for science and technology, culture and art, sports and other bonuses given to individuals in accordance with national regulations.

Various personal labor insurance, welfare and other expenses stipulated by the state.

Procurement of agricultural products and by-products and other supplies from individuals**.

Travel expenses that the traveler must bear.

Fractional costs below the settlement threshold.

Other expenses that must be paid in cash are determined by the People's Bank of China.

Account holders can use cash within the following ranges.

1) Employees' wages and allowances;

2. Personal service awards.

3. Reward individuals in science and technology, culture and art, sports, and other fields in accordance with state regulations.

4. Expenditures on personal labor insurance, welfare, and other expenses stipulated by the state.

5. Purchasing agricultural products and by-products and other materials from individuals.

6. Travel expenses that must be borne by business travelers.

7. Sporadic consumption below the settlement threshold.

8. Other expenditures that the People's Bank of China decides to pay in cash.

According to the provisions of the Interim Regulations of the People's Republic of China on Cash Management (Order No. 12), the account opening unit can use cash within the following scope:

1) Employees' wages and allowances;

2) remuneration for personal services;

3) Bonuses for science and technology, culture and arts, sports, and other types awarded to individuals in accordance with national regulations;

4) All kinds of labor insurance, welfare expenses, and other expenses for individuals as stipulated by the state;

5) The price of purchasing agricultural and sideline products and other materials from individuals;

6) Travel expenses that must be carried with them by business travelers;

7) sporadic expenditures below the settlement threshold;

8) Other expenses determined by the People's Bank of China to be required to pay cash.

The starting point for settlement in the preceding paragraph is set at 1,000 yuan. The adjustment of the settlement starting point shall be determined by the People's Bank of China and reported for the record.

Except for items (5) and (6), the amount paid by the account opening unit to an individual shall be paid by check or cashier's check for the part that exceeds the limit for the use of cash; If it is really necessary to pay cash in full, it will be paid in cash after being reviewed by the opening bank.

Cash settlement is the symmetry of transfer settlement. It refers to the direct use of cash for the settlement of receivables and receivables in economic transactions such as commodity transactions and labor services, which is one of the forms of monetary settlement. In China, it is mainly applicable to the sporadic small amount of money received and paid between units and individuals, and the amount below the threshold amount of cash settlement.

Further information: There are two main channels for cash settlement: one is that the payer pays the cash directly to the payee, without going through intermediaries such as banks; The other is that the payer entrusts banks and non-bank financial institutions or non-financial institutions such as post offices to pay cash to the payee.

The settlement method is the procedure and method of receiving and paying for economic transactions between economic agents (commodity transactions, labor services, creditor's rights and debts settlement, etc.). It includes the conditions for the transfer of ownership of commodities and monetary funds, the place, time and conditions of payment, as well as the settlement vouchers and transmission procedures used.

There are many types of settlement methods, and large classifications are divided according to the means of payment, including cash settlement and transfer settlement; According to the location, there are intra-city settlement and non-local settlement, as well as a special non-local settlement - international settlement. China's domestic settlement method implemented since 1989 is shown in the figure.

Settlement, also known as currency settlement, is the receipt and payment of currency between various economic units due to economic activities such as commodity transactions, labor services and capital allocation under the conditions of commodity economy.

Settlement is divided into cash settlement, bill transfer and transfer settlement according to different forms of payment. Cash settlement is a direct cash payment between the payer and the payer. The transfer of negotiable instruments is to indicate the creditor-debtor relationship by the payment of negotiable instruments.

Transfer settlement is the act of transferring money from the account of the payment unit to the account of the receiving unit through a bank or online payment platform.

In socio-economic activities such as commodity trading and labor services**, settlement is classified as exchange. Exchange is the unification of two opposing processes: the delivery of goods, services, and other objects and the payment currency. Between normal subjects of freedom and equality, the exchange follows the principles of equivalence and synchronicity.

Synchronous exchange is a guarantee of equivalent exchange. In many cases, due to the process of the circulation and acceptance of the subject matter of the transaction (such as the flow and handover of goods and goods, and the transformation of service services), the contradiction between the asynchronous and separation of the flow of goods and the flow of capital is unavoidable, and the party who receives the consideration first is easy to violate morality and agreement and undermine the principle of equivalent exchange, so the party who pays the consideration first is often subject to others, and falls into a passive and weak situation and bears risks.

Asynchronous exchanges must be backed by credit protection or legal support for the exchange to be completed smoothly. Therefore, in order to ensure that the equivalent exchange should follow the principle of synchronous exchange and prevent the risk of asynchronous exchange. This requires that the payment currency should be adapted to the delivery process to enable synchronous exchange.

As long as it is in China, any business can be settled in cash, because China's laws and regulations stipulate that it is illegal to refuse to accept RMB, that is, in China, no enterprise, any unit, can refuse to accept RMB, otherwise it will face corresponding penalties.

Account holders can use cash within the following ranges:

1) Employees' wages and allowances;

2) remuneration for personal services;

3) Bonuses for science and technology, culture and arts, sports, and other types awarded to individuals in accordance with national regulations;

4) All kinds of labor insurance, welfare expenses, and other expenses for individuals as stipulated by the state;

5) The price of purchasing agricultural and sideline products and other materials from individuals;

6) Travel expenses that must be carried with them by business travelers;

7) sporadic expenditures below the settlement threshold;

8) Other expenses determined by the People's Bank of China to be required to pay cash.

For any business, it is not possible to use cash settlement, but it can also be used for other purposes, such as bank transfer, electronic remittance, because there are many ways to do this kind of business.

Yes, some industries also like to settle in cash, because whether it is Alipay, WeChat or others, they will charge a certain service fee, which is quite cost-effective for large amount of business.

Because before the advent of electronic money, we have always used cash to settle ah, electronic money has only appeared for decades, and we have used cash for thousands of years. We just have one more payment method, and this payment method is particularly convenient, so we will use a lot of electronic money in our lives, but it does not mean that cash is not in circulation.

Business can be settled in cash, and many businesses cannot be settled in cash.

Of course not, isn't it all settled in cash? For example, can you settle in cash when you **?

There are eight types of cash settlements that can be used. According to the query of Hualu.com, the cash management regulations stipulate that cash settlement can be used: 1. Employee wages, bonuses, allowances and subsidies.

2. Remuneration for personal labor.

3. Prizes for science and technology, culture and art, sports and other bonuses awarded to individuals in accordance with national regulations.

4. All kinds of labor insurance, welfare expenses and other expenses for individuals stipulated by the state.

5. The price of purchasing agricultural and sideline products and other materials from individuals.

6. Travel expenses that business travelers must carry with them.

7. Sporadic expenses below the settlement threshold.

8. Other expenses determined by the People's Bank of China to be paid in cash.

1.employee salaries, bonuses, allowances and subsidies;

2.remuneration for personal services;

3.Prizes for science and technology, culture and art, sports, etc., awarded to individuals in accordance with national regulations;

4.All kinds of labor insurance, welfare expenses and other expenses for individuals stipulated by the state;

5.the purchase price of agricultural and sideline products and other materials from individuals;

Manuscript 6travel expenses that must be carried with them by the traveler;

7.The sporadic expenses below the settlement threshold are as follows;

8.The People's Bank of China confirmed that other expenses that needed to be paid in cash.

Cash for the purchase of goods and payment for services.

Cost of main business (or other expenditure) + (closing value of inventory - opening value of inventory)] Tax payable (VAT payable - input tax) + Beginning of accounts payable - end of accounts payable) + Beginning of notes payable - End of period of notes payable) + Closing number of prepaid accounts - Beginning of prepaid accounts - Beginning of prepaid accounts of goods) + Value of change of use of inventory commodities (such as project requisition) + Loss of inventory inventory - Wages and benefits included in production costs and manufacturing expenses in the current period - Included in production costs and production costs in the current period, Depreciation of manufacturing expenses and amortized major repair costs - Allocation of incoming manufacturing expenses included in the increase in inventory goods, wages of production workers Special adjustment items (Handling of special adjustment items, if debit: accounts payable, notes payable, prepaid accounts, etc. (deposit and credit category), the credit is not the "cash" account, then subtracted, if the credit: accounts payable, notes payable, prepaid accounts, etc., the debit is not the "cost of sales or input tax" account, then added.

Extended Material: Expenditure Accounting.

When an enterprise pays cash, it should be carefully reviewed by a special person for the content of cash expenditure, which mainly includes whether it conforms to the scope of cash expenditure and the relevant provisions of the relevant financial policies and financial system, whether the handling personnel have signed, and whether the voucher has been altered, forged or falsely claimed. Only the original voucher that has been verified and corrected can be used as the basis for the preparation of the payment voucher, and the cashier shall handle the payment and affix the "paid" stamp before it can be recorded in the account. When cash is disbursed, the relevant account is debited and the cash on hand account is credited according to the purpose for which the cash is disbursed.

For example, the administrative department of the enterprise will reimburse 900 yuan for transportation expenses and pay it in cash.

Borrow: Management fee 900

Credit: Cash on hand 900

The enterprise withdraws cash to pay wages of $100,000. Borrow: 100,000 in remuneration payable to employees

Credit: cash in hand 100 000 Accounting for cash inventory In order to ensure the safety and integrity of cash and ensure that the accounts are consistent, enterprises should conduct regular and irregular inventory. The cash inventory includes the daily inventory of the cashier and the inventory of the inventory team.

The method of cash inventory is to conduct a physical inventory, that is, to reconcile the actual number of cash in stock with the balance of the "cash journal".

If there is a cash shortage or surplus to be ascertained in the inventory, it should be accounted for through the account "Property Loss and Excess to be Processed - Loss and Excess of Current Assets to be Disposed of", and the cause shall be processed after the cause has been ascertained. If it is caused by an accounting error or the loss of documents, the error should be corrected or the accounting should be replaced; If it is a liability accident for work negligence, or the part that should be compensated by the insurance company, the "other receivables" account is debited; If it is for other reasons that cannot be ascertained, the "Management Expenses" account will be debited after approval according to the authority of the management; If it is a cash surplus that should be paid to the relevant unit or person, it shall be credited to the "other payables" account; Surpluses that cannot be ascertained are transferred to the "non-operating income" account after approval.

Hello, glad for your question. Payments are monetary funds used as a means of payment, mainly including cash, bank deposits and other bank draft deposits that are regarded as cash and bank deposits, bank balance bill deposits, credit bench card deposits, letter of credit margin deposits, foreign city deposits and investment deposits. I hope mine can help you