Problems and ways to improve accounting for cash transactions

Money belongs to the category that has always been quite relevant in economic thought. Cash is considered the most liquid assets of the enterprise. Without their continuous cyclical movement, no business entity can function. In the current market conditions, most companies lack cash assets, so it is important to have the ability to rationally distribute and use them. To do this, it is necessary to properly organize the accounting of funds, constantly improve it, as well as be able to identify and solve problems that may arise when accounting for cash transactions. The purpose of the paper is to highlight the problems and develop proposals for improving the organization and methods of accounting for cash transactions. The paper considers the essence of cash assets, cash payments and cashless payments. The components of cash assets are described. The main problems concerning the system of organization and accounting of cash transactions are given. To eliminate the problematic issues that arise in the organization of cash flow accounting, ways to improve the accounting system in the field of cash management are proposed. The proposed measures to improve the organization of funds will provide an opportunity to improve the calculations and accounting of the enterprise, will facilitate the work of the accountant, optimize paperwork and improve analytical accounting.