Every small business needs a cash disbursement system that efficiently and securely handles a company's cash payments. Accounts payable, or A/P, is closely tied to cash disbursements, and most ...
Before we dive into the term, we must define 'disbursement.' Disbursement is the transfer of cash or a cash equivalent to settle a company's expenses or pay for services received. The company makes ...
The word "disbursement" in accounting means to send out. A cash disbursement is a payment that might be made using currency but could be made in other forms of immediate payment, such as a check, ...
A cash disbursement journal is a running record of a company's recent cash transactions, which must later be copied over to the general ledger. What Is a Cash Disbursement Journal? A cash disbursement ...