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Where is cash system of accounting normally used ?

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Question added by mukkur srinivasan varadhan , Chartered Accountant , Chartered Accountant in practice
Date Posted: 2013/11/24
Mohammad Tohamy Hussein Hussein
by Mohammad Tohamy Hussein Hussein , Chief Executive Officer & ERP Architect , Egyptian Software Group

Where you need to cntrol cash registers and bank accounts. Cash accounting facilitates proper management of customer accounts, vendor accounts, and the other business expenses and collections.

mohamed refaie
by mohamed refaie , Chief Internal Auditor , scib paints

Tax Purposes only and it's not approved method of IFRS or us GAAP

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