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Tally - Accounting Software

Incidental Finance Functions
We have already discussed the executive finance functions in the foregoing paragraphs. Now we shall discuss the various incidental finance functions.


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ncidental Finance functions are those functions of clerical or routine nature which are necessary for the execution of decisions taken by the executives. Some of the important incidental finance functions are:-

(a) supervision of cash receipts an disbursements an safeguarding of cash balance.

(b) Proper custody and safeguarding of the important and valuable papers, securities and insurance policies.

(c) Taking care of all mechanical details of financing.

(d) Record-keeping and reporting.

(e) Cash planning an credit management.

The above incidental functions are self-explanatory and require no explanation,

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