14 Jun
2003
14 Jun
'03
2:30 p.m.
On Saturday 14 June 2003 18:18, Saswata Banerjee & Associates wrote:
I hope you mean that the money will be in a bank account and Saswata
will
know how much is there and how the money has been spent :-)
That is after the account is opened. Until then it is cash I suppose.
I will, actually, have the custody of the cheque book, at best.
NEVER give
the power of signing cheques from an organisation's bank account to
the
person who is maintaining the books of accounts. That is the one of
the
first rules of internal audit I had leaned a long time ago.
Very true. Dr. Nag and one of two other luggers will sign cheques.
But that is still a long way off.
rgds jtdsouza@yahoo.com