INTERNAL AFFAIRS.
SURVEILLANCE CAMERAS, STRICTER BOOKKEEPING GUARD AGAINST EMPLOYEE THEFT. |
I just read last week's Inside Business. I know several clients who have experienced some type of theft or fraud...
To prevent employee theft, small businesses must think big, say local police and entrepreneurs.
"When it comes to policies and procedures regarding money, even the smallest companies need to act like a big business," said Brandt Hess, Hampton economic crime detective. "It is OK for a small business to think like they are family, except when it comes to money."
Business owners should document who has access to the money and accounting records, where the money is stored and how it is counted, he said.
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Click here for tips on preventing fraud in QuickBooks.
Click here for tips on preventing fraud in Sage 50 (formerly Peachtree). |