Cash Expense Rules to Avoid Audit Trouble

Spending company cash without a receipt is basically asking for a financial disaster.

You need to log every single penny daily, but here is the wild part.

If you are paying cash without a proper bill, you literally need to take a copy of

that person's Aadhaar and PAN card. No exceptions. Keep cash payments under five grand

and push everything else to online transfers. At the end of the week, force your boss

to sign off on the ledger. If a client doesn't give a bill, make your own quotation,

get them to stamp it, and grab their ID proofs. Document everything

now so you don't get fired during the audit later.