Moreover, you can also modify the later section to accommodate your company’s policy by means of verification and authorization of such cash payments. Normally it is $50 but it can be more than that so you better consult your tax attorney to confirm it. It is also important to note that in every country there is a limit applied to each business company for making cash payments. You just need to download it from the link below to start editing right away. Here are comprehensive Payment Slip Templates created using MS Excel that can easily be customized to suit anyone’s needs. You can also check out Pay Slip Templates and Salary Slip Templates in our website. Hence this authority’s signature is required whenever a cash payment is made by anyone. Usually, there is a supervisor or an authority designated in every company to authorize such small cash payments at the spot. Such transactions must be recorded correctly in order to have transparent accounts both in favor of the company and for auditors. Every business has to deal with small cash payments on a daily basis. A Payment Slip is simply an unavoidable office document required by every business no matter how big or small it is.
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