ctcLink Accounting Manual | 40.30.10.10 Internal Cash (1000199)

40.30.10.10 Internal Cash (1000199)

Internal cash MUST be used for transactions that use cash, but will NOT be reflected in the college bank account.

Internal Transactions Only

Generally this account is used for transfers of cash between funds, appropriation indexes, classes or departments. The net Internal Cash amount should always equal $0.

To determine if the college’s internal cash is out of balance, run the SMARTER Internal Cash report.

SMARTER Internal Cash report: QFS_GL_QA_INTERNAL_CASH

 

40.30.10.9 Cash in Bank <<  40.30.10.10  >> 40.30.20 Accounting for Investments