Cash in Transit – What Do You Mean By It?

Cash in transit is the process of transporting money and other valuable items, such as banknotes or coins, from one place to another. In accounting, it may also refer to maintaining a specific account for recording such events that allows businesses to track monthly transactions accurately during the commencement and end of financial periods. Money being transported in armored vehicles also falls under the category of cash in transit services.

Cash in Transit in Accounting

In the practice of accounting, companies often have an account in their list of accounts named ‘cash in transit’. Accountants keep an entry in it when money is being transported from one location to another. As soon it reaches its destination, the money is put into the account. All government are mandatorily required to include the activity of their cash in transit account in financial reports and documents for complying with the accepted principles of accounting by law.

Deposit in Transit

This type is a slight variation of the accounting concept. A company might have received money as cash or cheques and kept records of the transaction, but the transaction is absent from bank statements of the company. For instance, a certain retail shop receives money for its goods on the 30th of June. The money may be deposited in the bank after a few hours or during a weekend. The transaction will be recorded on financial statements as deposit ‘in transit’ on 30th June, because the bank would not show funds deposited until July.

Bank Reconcillations

At the commencement of every month in the accounting cycle of a firm, bank statement and financial statements of the previous month are reconciled with each other. This process involves adjustments of money in cash in transit. It helps to spot any error that the bank might have made including improper records of cash or cheque deposits. Bank reconcillations even highlight erroneous records in financial statements like cheques that were deposited but not entered into the accounting system or transposed numbers.

Armoured Services

Armoured vehicles are basically provided by security firms or other similar companies. These vehicles provide physical money transportation services to banks, retail shops and businesses working with a great deal of cash. Many businesses hire armoured cars and vans to carry cash and cheques safely to banks. Such vehicles may transport deposits, replenish ATM machines and brings coins to businesses such as casinos. This kind of service is generally used to reduce the risk associated with employees handling the cash.

The Charms of Darling Harbour

Regarded as one of the major attractions of Sydney, Darling Harbour is an interactive and lively civic hub and only 10 minutes away from the CBD on foot. Previously a dockside area, this small harbour is now used for holding exhibitions and conventions, and a favourite among tourists from all around the globe. Besides being well-known for having a large number of children’s attractions, Darling Harbour is also famous for some unique gems that include the Cockle Bay Wharf, Chinese Garden of Friendship, Sydney Aquarium and IMAX Theatre. The place is also dotted with several eateries, cafes and restaurants.

Cockle Bay Wharf is an exciting precinct in Darling Harbour consisting of several cafes and restaurants that have mouth-watering dishes on their menu - authentic Italian, fresh seafood, Malaysian and of course, Australian delicacies. Most of these eateries overlook the waterfront and hence, offer an exhilarating picturesque view. There are also a number of nightclubs and bars, that allow locals as well as visitors to have a taste of Sydney’s nightlife.

The Chinese Garden of Friendship presents a green and relaxing sanctuary to its visitors in the southern part of Darling Harbour and is an ideal retreat from the bustling city life. The garden was actually a gift from Guangdong city to Sydney in celebration of the Australian Bicentenary. It consolidates the elements of plants, stone, water and architecture and features eyesome lakes, waterfalls, sculptures and pavilions.

Sydney Aquarium holds the reputation of being among the world’s largest aquariums and consists of 14 themed sections with more than 700 different types of aquatic species and 13,000 animals. The aquarium is also home to some of the largest species of rays and sharks in the world, as well as the native platypus, dugongs and penguins.

The IMAX theatre at Darling Harbour is not just a movie theatre in Sydney, but also the biggest cinema screen in the world. With high definition images and a digital surround sound of 15,000 watts, this theatre delivers the ultimate experience of movie watching.

Other attractions at Darling Harbour include a two storey shopping complex with 150 shops and an international food court, Madame Tussauds, Sydney Zoo, Darling Quarter Playground, tenpin bowling and laser skirmish.

For visitors and travellers, there are several hotels, inns, motels and guest houses in close proximity of Darling Harbour. They offer options for luxurious as well as budget accommodation in Sydney and are equipped with all types of modern civic amenities.

Things You Should Know While Hiring Security Services

Entrusting the safety of your home or office to a security firm is a large step and requires patience. While hiring a security guard for your residential or business property, there are certain essential things that you will have to inspect and take care of. Factors such as affordability, credibility, experience and professionalism need to be considered properly. 

 

Some of the things you should do before and after hiring a professional security firm are as follows:

Locate The Options Available

First, you will have to make a thorough research of the agencies in your locality and analyse the services provided by them. Try to short-list the bigger companies, as they often have professionals trained to provide a wide range of services. Chances will also be high for the officers that you appoint from these firms to be of better quality who would handle tough situations capably. However, some of these firms may provide budget friendly and affordable security in Brisbane while others can be a bit too expensive. Choose your option wisely as per your budget.

Know The Benefits

There are several advantages of hiring a security guard . Professional guards can keep your property safe and sound, and spot potential threats and curb them down even before they become a problem. They can also react immediately to emergency situations and take appropriate action to keep everything under control until the arrival of police forces. Sometimes they can be appointed to provide customer service as well.

Ask For Relevant Information

While you are looking for an efficient security company, request them for a written proof stating the experience of the the guard you are considering for hire, and a background check as well, if that is possible. Being aware about the experience of your probable guard will help you to understand better that whether they are capable of guarding your property well or not.

Proper Training is Important

It is important for you to know if the company you are considering to opt for provide appropriate training to their security officers. Putative firms generally offer training to their guards in a variety of fields such as vehicle patrol processes, residential patrolling, foot patrolling and customer service.

After Appointing the Guard

Once you have appointed a guard, set the rules of employment carefully. Also, request for a copy of the company’s license as well as an evidence of the reimbursement insurance coverage.

Advantages of Hiring a Security Guard

Small businesses often have to tackle such disturbances like thefts and other potential crimes which occur on their premises. Specific businesses like banks, retail stores and convenience shops are generally the major targets of burglars and criminals. However, these kinds of business related felonies can be coped up with the help of security guards. Guards are often hired to maintain security, prevent crimes and aid employees and customers. So, there are several other advantages of opting for services associated with security guard hire in Brisbane:

Peace of Mind

Having a security guard to protect your business can grant you mental peace and satisfaction, as you can be sure that your property is safe from crooks and robbers. Not only that, but if your office is in an area with high rate of criminal activity, your employees can also work peacefully without worrying about their own safety. Customers also feel that you are willing to take action for insuring their safety.

Prevention

Simply having escorts present at your shop or office can be a great crime deterrent. Burglars and criminals will usually think twice before planning a robbery at a business which has got uniformed security guards. Professional wardens are provided with adequate training to spot suspicious activities, assess problematic situations and react efficiently to breaches in security.

Efficient Customer Service

Professional security guards may also be used as customer assistance ambassadors. An escort can be placed at the front desk or even be appointed for controlling access to a particular area. This can ensure substantial interaction with clients and customers. Guards can also help customers in finding the products they are looking for and direct them to the right section within a business.

Patrolling

Sometimes the private security wardens of a commercial property may not be as active as they are required to be in patrolling. To solve this issue, you can hire professional guards for monitoring video surveillance, examining credentials, inspecting for contrabands, prohibiting entry to a certain area, keeping an eye on shoplifters, surveying the grounds after closing time, etc.

Tackling Crime

Security guards are also provided with different kinds of training for reacting sensibly to emergency situations and criminal activities. Some might try and catch the suspect, while others can note the details and inform the police. You can also appoint armed guards for doubling the security of your business as well as your employees and customers.

The Royal Tasmanian Botanical Gardens

If you are planning a visit to Hobart this winter, make sure to keep the Royal Tasmanian Botanical Gardens on your list of places to check out. This lush and exquisite landscape of rare as well as exotic specimens is situated at the meeting point of the Domain and Tasman Highways, covering an area of 14 hectares. Not only is this place the world’s sole Subantarctic Plant House, but it is also very popular for housing a wide range of Tasmanian, Japanese and many other types of plants.

The fact that Hobart is actively used for Antarctic scientific investigations and explorations explains the reason for the Gardens’ incredible collection of flora from the subantarctic Macquarie Island, where you will also find the peculiar King’s Lomatia, a plant that reproduces by duplicating or cloning itself and has only one surviving colony in the whole world.

The florid bridges within the place will lead you across the gushing waters of the Japanese nursery. You can sit by and enjoy the view of the Lily Pond or explore the vegetation grounds controlled by the Gardening Australia campaign of Australian Broadcasting Corporation. There is also a restaurant inside the area from where you can collect samples of some specimens in the Gardens.

Another great section worth checking out is the Cactus House, where you can compare the various types of succulent vegetation from all over the world. Besides that, the Tasmania East Coast and Greater Hobart sections exhibit extensive collections of the local plants. The Fuchsia House and the Conservatory house exemplary and vibrant assemblage of flowering plants. If you are eager to know how the plants are sustained, then be sure to probe the Rain Garden. Simple demonstrations here will explain how the run-off water is purified before it is allowed to reach the waterways. A conservation work is also carried out for collecting and saving rare seeds which were once commonly available in Tasmania.

 

There are a number of transport options that you can choose from to travel to the Royal Tasmanian Botanical Gardens because it is situated only 2 kilometres away from the city centre. The place remains open for visitors all the year round, and has also got an on-site parking spot. If you are a long-distance traveller, there is a place barely 10 minutes away from the Garden known as the Hobart Hostel, a place distinguished for providing affordable hostel accommodation in Hobart.

Health Risks From Cockroach Infestations and their Prevention

Cockroaches are the most common, gross and nastiest among all types of pests that invade homes. Not a single household in the whole world is spared from the intrusion of this filthy insect. These disgusting creatures can be encountered in many places such as kitchen sinks, pipe holes, garbage piles, corners of heavy furnitures and appliances and toilets.

Besides bringing fear and social embarrassment, cockroach infestations also pose various health risks because they carry millions of bacteria and other infectious agents. These microbes can cause a wide range of diseases from food poisoning to diarrhoea. The various ways in which cockroaches can cause health hazards are as follows:

Food Contamination

Just like omnivores, cockroaches can eat anything for survival. Their diet consists of food materials, dead plants and animals, glue, paper, soap, leather, hair and even faecal matter. While rampaging around a household at night, they pollute open food sources by excreting in them, leaving behind egg shells and depositing dead skin.

Transmitting Disease-causing Bacteria

When cockroaches feed on exposed food, they vomit out sputum and other digestive juices which contain disease-causing bacteria and germs that live within their guts. Pseudomonas aeruginosa, a bacteria commonly found in the saliva of cockroaches, causes various diseases to human beings like sepsis, digestive problems and rectum infections. Another bacterium known as Salmonella, causes typhoid and food poisoning.

Allergies

Besides contaminating food, cockroaches can also cause different types of allergies. Their body parts and sputum secretions are known to have various kinds of allergens that may trigger skin irritations or unwanted reactions. The common problems include watery eyes, sneezing and rashes. Sometimes the allergens can also worsen breathing problems in asthma patients.




Invading Body Parts

Cockroaches are known to enter body orifices of human beings when they are asleep. Small ones can intrude into nose and ears of sleeping people. Apart from that, there are some species which even bite humans. Sometimes they might even nibble on toes, fingernails and other soft body parts, leaving wounds.

In order to prevent these health risks, one must exercise suitable control methods for eliminating cockroaches from household and prevent future infestations. Regular cleaning is very important as well as effective for keeping them at bay. Garbage bins should be kept covered at all times. Food stuffs must be stored in sealed containers. In case of large-scale infestations, the responsibility of treatment should be handed over to a skilled pest exterminator in Northern Beaches.

Hobart – An Escape From the Hectic Pace of City Life

With an average population of around 215,000 people, Hobart is considered as the second least populous capital city in Australia. Almost 42 per cent of people living in the island state of Tasmania are based in this city, largely due to its location on the banks of the magnificent Derwent river. This capital of Tasmania boasts of a grand harbour and various picturesque bars, cafes, restaurants and pubs with exquisite views of the water. One of the best spots to visit in Hobart is the Salamanca Place which has got a wide range of venues that you can select from, and a large market is also held in this area on every Saturday.

Talking about the history of settlement in Hobart, chronological records show that the region was first occupied by Europeans in AD 1804, which makes it the second oldest city in the entire country. Here you will find a number of colonial cottages which line the narrow roads of Battery Point and present an overwhelming view of the landscape. There is also the Museum of Old and New Art, a private compilation of modern antiquities and artistic exhibitions, that is now regarded as the most popular tourist attraction in Hobart. Besides that, there is a wealth of other intriguing places that you can visit while your stay, one of them being the Cascades Beer Brewery for which there is also the provision for a guided tour. Paint ball and natural hikes are two of the major activities that you may venture out, apart from visiting MONA and Cascades Beer Brewery.

Just because Hobart is a small city when compared to giants like Perth, Sydney, Brisbane and Melbourne, it does not mean that you will have to face challenges when looking for lodging places here. There a number of places where you can find lavish as well as budgetaccommodation in Hobart, including hostel for backpackers, hotels, motels and apartments with accommodation facilities.

With all the modern equipments that one can expect from a city, Hobart is a wonderful place to escape from the hustle and bustle of metropolitan life for a few days and provides relaxation to the body and mind. Although the city is regarded to be off the radar by many people because of its remote position, the captivating charm of Hobart is something that you might celebrate if you are seeking a perfect retreat from your own city’s hectic pace.