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Keeping a close eye on cash often means the difference between success and failure. The primary elements of strong cash management are: (1) Always separate accounts receivable from accounts payable. (2) Only authorized persons should handle cash. (3) There must always be some form of reliable document to prove the payment or receipt of cash. (4) Cash should be kept locked up at all times and frequently deposited to the bank. (5) Cash counts should be witnessed and agreed to receipts as part of the preparation for bank deposits. (6) Go online and review all bank accounts every day.