Discussion Topic Under what circumstances can cash be used in corporate practice?

Account holders can use cash within the following ranges:

1. Employee wages and allowances;

2. Remuneration for personal labor;

3. Various bonuses 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 expenditures below the settlement threshold;

8. People's Bank of China.

The official website shall prevail.

Expenditures paid to individuals can be made in cash, and the scope of use of cash for businesses:

1. Pay individual wages, bonuses and allowances.

2. Pay employees' pensions, funeral subsidies and various labor insurance and welfare, and other expenses for individuals stipulated by the state.

3. Pay personal labor remuneration.

4. According to the provisions of the state, the science and technology, culture and art, sports and other bonuses issued to individuals.

5. Pay the price for the purchase of 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 (1,000 yuan).

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

Businesses can only use cash within the following scopes:

1) Employees' wages and various wage allowances;

2) Remuneration for personal services, including manuscript fees, lecture fees, and other remuneration for specialized work;

3) All kinds of bonuses paid to individuals, including all kinds of science and technology, culture and art issued to individuals in accordance with state regulations.

various bonuses such as art and sports;

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

5) The price paid by the purchasing unit to the individual for the purchase of agricultural and sideline products and other materials;

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

7) sporadic expenditures below the settlement threshold;

viii) Other expenses that are genuinely necessary to be paid in cash.

The purchase of agricultural products and bonuses are for individuals, and the others are for units and can be transferred.

1. Purchase agricultural products.

2. Bonuses.

These two items are within the scope of the cash expenditure requirement.

For example, the company sometimes needs to hire some workers to do some temporary work, spending two or three thousand, is this fee paid by bank transfer or cash? - Can be paid in cash

According to the relevant national regulations, cash can be used within the following scopes:

3.Pay for all kindsBereavement pension, student scholarships, funeral grants;

4.Pay for the traveler must carry with himTravel expenses

6.All kinds of labor insuranceWelfare expensesand other expenditures on individuals as prescribed by the State;

People's Bank of ChinaIdentify other expenses that require cash payments.

Cash on hand limit.

Cash on hand limit = daily sporadic expenditure Approved number of days (generally 3 days).Daily sporadic expenditure = monthly (or quarterly) average cash expenditure (excluding regular large cash expenditure and irregular large cash expenditure) Average number of days in the month (or quarter).

Whether it is a government agency, a public institution, a state-owned enterprise, or a private enterprise, it must strictly implement the provisions of the "Regulations on Direct Selling on Cash Management" and its implementation rules, and cannot use cash beyond the scope, cannot use cash in large amounts, and cannot retain cash beyond the limit.

If the actual business needs to be in the name of a legal person, the legal person should first be notified of the legal person or the other party in the form of entrusted payment, so that the other party's invoice receipt is issued to the company, and the financial department should do a good job of accounting with the legal person.

Article 5 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.

1.Basic provisions.

Cash settlement is available for individuals; For enterprises and units below the settlement threshold, they can be settled in cash, and bank transfer payment should be applied when the settlement threshold is exceeded.

2.Specific provisions.

The scope of use of cash mainly includes:

1) wages and various wage allowances;

2) various bonuses paid to individuals;

3) Remuneration for personal labor, including manuscript fees, lecture fees and other remuneration for specialized work;

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

5) The price paid by the purchasing unit to the individual for the purchase of agricultural and sideline products and other materials;

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

7. Sporadic expenses below the settlement threshold (1,000 yuan).

8) Other expenses that do need to be paid in cash.

The scope of use of cash mainly includes:

1) wages and various wage allowances;

2) various bonuses paid to individuals;

3) Remuneration for personal labor, including manuscript fees, lecture fees and other remuneration for specialized work;

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

5) The price paid by the purchasing unit to the individual for the purchase of agricultural and sideline products and other materials;

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

7. Sporadic expenses below the settlement threshold (1,000 yuan).

8) Other expenses that do need to be paid in cash.

There is not much difference from the cash use of ordinary enterprises.