Banking
Cash Vault — Shortage Write-Off
Writing off a cash shortage discovered during the daily vault count.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash Over and Short (Expense) | Expense (+) | 150.00 | - |
| Cash / Vault | Asset (-) | - | 150.00 |
💡 Accountant's Note
Cash shortages are expensed. If attributed to a specific teller, recovery may be pursued per employment contract. Large unexplained shortages trigger immediate investigation and potential regulatory reporting.
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