answersLogoWhite

0


Best Answer

Public sector accounting is Government accounting. They have a tradition of calling a General Ledger account code a Vote Code. It is usually Cash Accounting as distinct from Accrual Accounting. The Vote Book is the Cash Book. The Chart of Accounts is the Chart of Vote Codes. As an example, the GL account code structure may be Fund Code and Vote Code. The Fund Code is the bank account and may be "G" for General Fund. The Vote Code may be 2101 where the first character 2 is for expense (1 is for Income) and 2101 may be for PURCHASES- OFFICE. They are very concerned about Budgets and Actuals with Monthly reporting showing how Actuals are performing against Budgets. The objective is not profit and loss but spending the whole budget by the end of the budget year.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is vote book in public sector accounting?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the uses of vote book in public sector accounting in Ghana?

kamran ali


What is ambit of vote in public sector accounting?

This defines the statutory reason for the department existence


What is vote book in public sector?

Public sector accounting is Government accounting. They have a tradition of calling a General Ledger account code a Vote Code. It is usually Cash Accounting as distinct from Accrual Accounting. The Vote Book is the Cash Book. The Chart of Accounts is the Chart of Vote Codes. As an example, the GL account code structure may be Fund Code and Vote Code. The Fund Code is the bank account and may be "G" for General Fund. The Vote Code may be 2101 where the first character 2 is for expense (1 is for Income) and 2101 may be for PURCHASES- OFFICE. They are very concerned about Budgets and Actuals with Monthly reporting showing how Actuals are performing against Budgets. The objective is not profit and loss but spending the whole budget by the end of the budget year.


What is a vote book?

A vote book is a cash book where receipts and payments are recorded for accountig purposes.


What is the single biggest factor accounting for how people decide to vote?

Party Identification


What is Plebiscite?

A vote by the electorate (the public who can vote) determining public opinion on a question of national impotance. Hope this helps.


A vote to remove a public official from office?

The vote is called "recall"


Voters not only vote for political officials they sometimes vote on public issues and questions these are?

Voting on a public issue would be a referendum


Where do you vote for the Grammy awards 2011?

The public cant vote for the grammys.


Does Cuba let the public vote for the government?

No.


How did the public of early America vote?

nothing


Are Sweden's monarch voted for by the public?

No, in a monarchy - the public doesn't vote for a monarch!