What Is a Non-Cash Charge?

Expense items that match non-cash expenses with income but do not directly affect cash flow.

Non-cash expenses

Right!

Expense items that match non-cash expenses with income but do not directly affect cash flow.

Chinese name

Non-cash expenses

Meaning

Expenses affecting cash flow

Types of

Non-cash

Features

flexible

Control process for non-cash expenses

Expense approval

Control of non-cash expenses generally requires approval before it can occur, but sometimes it may be too late to report approval. For example, if a decision to entertain a business group is made temporarily, it is too late to follow a certain procedure for reporting and approval, but it needs to be reported afterwards. Regardless of whether it is before or after the event, you must fill in an application form for expenses and expenses, and fill in the cause and expenditure amount clearly and report to the general manager for approval.

The contents and items of various non-cash expenses are different, and the application forms are also different.

2. Expenses

After the expenditure is approved, it can be implemented in accordance with the approved content. Expenses incurred during implementation shall be priced as if they were open to the outside world. In addition, the person who incurred the expense should submit the approved application form to the cashier. If the application form has not been approved for the time being, the nature of the fee should be indicated on the bill and the cashier should handle the settlement matters correctly.

3. Audit

The revenue reviewer will review the bills for the store's expenses from each cashier. The audit key includes the following two points.

(1) Whether the attached application form is attached, if not, the relevant personnel should be notified to fill it up quickly. Otherwise, it cannot be used as the store's expenses, and the expenses will be recorded in the personal account of the relevant personnel and deducted from the salary.

(2) Whether the amount of the bill exceeds the approved amount of the application. If it is exceeded, the relevant person should be explained the reason and supplemented with a written explanation, together with the bill and application form, and then submitted to the general manager for approval.

The bills for these expenses will be cost-processed after being reviewed by the auditors for accuracy.