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3/3 Accounting treatments in the government accounting system Accounting treatments in the government accounting system including the following: 3/3/1 Accounting treatment of government receipts Government
3/3 Accounting treatments in the government accounting system Accounting treatments in the government accounting system including the following: 3/3/1 Accounting treatment of government receipts Government revenues are made in the following ways: 1- Cash or checks, 2- Electronically (magnetic cards) -3 payment orders received and postal transfers. 1- Collection (cash or magnetic cards) the sub-treasury accepts cash receipts of amounts of 500 EGP or less, but if it exceeds 500 pounds, 5% of the proceeds are added as sundry revenues for administrative expenses. Cash under settlement Or/Cash under settlement (magnetic cards) Revenues (chapter...) Other revenues (5% of the proceeds) In the end of the day Central Accounting Unit Cash under settlement 2- Collection (payment order) Payment order received Revenues (chapter...) Central Accounting Unit Payment order reaved { 98 H 3-C (po
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