Calculation of the limit cash desk - quickly and without problems!

October 12, 2011 by the Russian Central Banka decree concerning cash transactions was published, according to which since 2012, economic entities of any organizational and legal form are obliged to make an independent calculation of the cashier's limit. And if earlier in this matter the firm could rely entirely on the Central Bank, now it will be necessary to exert its forces and decide on it independently. This applies to individual entrepreneurs, who must now keep a record of all cash transactions, paying attention to the existing restrictions on the balance of cash. However, do not be in a hurry to get upset and nervous, calculating the cash box limits and observing cash discipline - it's not so difficult!

The cash limit is the amount of cashfunds that can legally be stored in the cash register of the enterprise, and not hand over to the bank. The main task of any enterprise is just to choose the optimal limit for yourself, and then in time to hand over surplus cash. According to the law, there are no strict rules on how to calculate the balance of the cash balance, so you can choose any period for which the funds were received. Most often, in order to avoid an unnecessary headache with a shortage or a surplus of money, try to establish a high index of the cash balance. At the same time, it should be noted that cash that exceeds the limit must be deposited with the bank at least once a week. Exceptions are made only for remote regions of Russia, in which there is not a single bank. For them, the time period is 14 working days.

Algorithm for calculating the cash limit

1. We choose the time period for which we will, as a matter of fact, calculate the cash flows. According to the legislation, it can not be more than 92 working days.

2. Calculation of the cashier's limit is carried out according to the elementary formula:

"Cash desk limit" = "cash revenue" / "number of days in the settlement period" * "number of days between cash withdrawals".

3. We comply with the cash discipline, and everything will be in order!

Let's consider an example of calculation of a limit of cash desk

1. In the first case, the enterprise has revenue.Suppose that Gift LLC is selling original gifts for all occasions. If during the reporting period they chose the third quarter of 2011 for 71 days, the revenue in which amounted to 500,000 rubles, and the store gives cash every Friday, then according to the formula: LC = 500,000 / 71 * 5 = 35 211 rubles.

2.But what if the enterprise does not have cash proceeds? In this case, instead of the number of days between surrenders, the formula uses the number of working days that pass between the calls to the bank to receive cash. For example, LLC "Rural Milk" is engaged in the purchase of dairy products from farmers and rural residents. Let's say that the management of the company decided to take in October 2012, when purchases were the most intensive. Let the cashier receive cash once every 3 days, and in October there were 20 working days. Then, if the earnings of OOO Rural Milk amounted to 300,000 rubles for this period, the calculation of the cash limit will look like this: LC = 300,000 / 20 * 3 = 60,000 rubles.