Free ACCA FA2 Cash Books and Petty Cash Study Guide

Overview

This module covers cash management and petty cash procedures, including different cash book formats, imprest systems, and bank transaction processing. Topics include overdrafts, contra entries, and returned items.

1. Cash book structures

• Two- and three-column cash books
• Bank overdrafts and contra entries
• Discounts received and allowed

2. Petty cash imprest system

• Imprest setup and vouchers
• Reimbursements and analysis columns
• Posting petty cash to ledgers

3. Bank transactions and timing

• Deposits, lodgements, and bank charges
• Standing orders and direct debits
• Returned items and dishonoured cheques