6.4.4 Accounting System
In the daily operation of locations, records need to be kept of all monetary and financial transactions, both of money coming in ("receipts") and going out ("disbursements"). These records include electronic transactions, cash transactions, and paper transactions.
Systematic, consistent, up-to-date record-keeping methods are essential for monitoring the fiscal health of locations. Accounting software computerized programs (such as QuickBooks®) should be used.
In addition to records of receipt and disbursement, the following are kept to support entries made in the accounting system: