Outward Check Clearing in Cambodia

Outward check clearing refers to the process of clearing local check (other banks' check) in a bank in the purpose of clearing check at clearing house of National Bank of Cambodia everyday.

To clear outward check, there are steps to follow:

• Bank teller receive local check from customer to deposit cash in the account with the bank
• Check verification: amount in letter as in number? check date (less than 6 months)? address of bank's check? MICR Number (check number, routing number, drawee account number)? account number in Deposit slip? Signature (exist)? Condition of check paper?
• Data entry to recording clearing system of a bank
• Authorization from supervisor for settlement of check
• Print voucher on Deposit slip and sign near your ID User
• Seal the Clearing with date to clear at the back of each local check
• MICR Number Entry to interface for check entry
• Export from interface to computer as export input
• Log in to clearing house on NBC website
• Upload export input for all local checks to clear
• Copy local check and print report for check entry to recording clearing system
• Print check summary and in USD/KHR from interface
• Compare the total amount in Summary with report from recording clearing system
• Sign on each USD/KHR as well as summary and take them to NBC Clearing House
• Share documents to each bank and getting back one paper of report on recording clearing system
• Sign the attendance at clearing house in the morning
• Afternoon, go to NBC again to ensure there is no return from other banks
• Release local check to each customer account for use if no return

By: POK Panhavuth

Getting to Know Valid Receipt Vs Invoice

Receipt refers to the one form of payment paper in the business field issued when the buyer paid for the products or service to express that the buyer has paid the money and seller exactly receive that money for payment with paid seal on it.

Invoice refers to the similar form of payment paper to show that seller has provided the goods or services to the buyer already, but seller did not receive cash yet for payment.

Both receipt and invoice of the payment must contain information as the following:

• Address: specific place or market.
• Receipts or invoice number with the same suppliers
• Telephone: necessary for checking the accuracy.
• Date of transaction: important for the reference and follow-up by the auditor.
• Name of the seller's business.
• Description: fully written name of product or service
• Unit: number or measure of products or services.
• Unit cost: price per number or measure of products or services.
• Total Price of each products or services and total of all price on receipt or invoice.
• Name of buyer and signature
• Name of seller and signature

By: POK Panhavuth

Lyric of "Someday", By: Michael Learn to Rock

In my search for freedom
And peace of mind
I've left the memories behind
Want to start a new life
But it seems to be rather absurd
When I know the truth
Is that I always think of you

Someday someway
Together we will be baby
I will take and you will take your time
We'll wait for our fate
'cause' nobody owns us baby
We can shake we can shake the rock

Try to throw the picture out of my mind
Try to leave the memories behind
Here by the ocean
Wave's carry voices from you
Do you know the truth
I am thinking of you too

Someday someway
Together we will be baby
I will take and you will take your time
We'll wait for our fate
'cause' nobody owns us baby
We can shake we can shake the rock

The love we had together
Just fades away in time
And now you've got your own world
And I guess I've got mine
But the passion that you planted
In the middle of my heart
Is a passion that will never stop

(The End)

Welcome to Year 2012, "New Day in New Year"

First day of early year 2012 is the brightest day for everyone. People around the world are so happy with this new year celebration and most of them just experience the happiest time of count down to welcome new year. Every where around the world in the mid night of December 31, 2011 and the night of the coming January 1, 2012, the firework appeared so bright in the dark sky in the main cities of the world. People cheered together with their family and friends. The crowd of people during the night was so noisy with smiling face. This means that year 2012 is the most fresh day of the year for everyone to enjoy their life. Everyone is expecting differently to achieve their life goals for this year. Planning is the common sense for each person in this modern era. In Cambodia, everyone just returned from their trips to tourism provinces with their family. Most of them went to Shihanouk Ville to enjoy the countdown for new year and Sea Ceremony. Other people went to other provinces such as Siem Reap, Battambang, etc. Smiling face shows the happiness of people since new year means new year to all of us, but keeping improving ourselves is the step to achieve our life goal. I wish everyone more happy, wealthy, healthy, and may our dream comes true soon. "New year is the new day to celebrate our new success with our planning!"

By: POK Panhavuth

Lyric of "Fifteen", Taylor Swift

You take a deep breath
and you walk through the doors.
It's the morning of your very first day.

You say hi to your friends
you ain't seen in a while.
Try and stay out of everybody's way.

It's your freshmen year
and you're gonna be here for the next
four years in this town.
Hoping one of those senior boys
will wink at you and say you know
I haven't seen you around, before.

Cause when you're fifteen
and somebody tells you they love you
you're gonna believe them
and when you're fifteen,
feeling like there's nothing to figure out
well count to ten, take it in
this is life before you know
who you're gonna be,
you're fifteen.

You sit in class next to a redhead
named Abigail and soon enough you're best friends
laughing at the other girls
who think they're so cool.
We'll be out of here as soon as we can
and then you're on your very First date
and he's got a car and you're feeling like flying
and you're moma's waiting up
and you're thinking he's the one
and you're dancing 'round your room
when the night ends
when the night ends.

Cause when you're fifteen
and somebody tells you they love you
you're gonna believe them
and when you're fifteen
and your first kiss makes your head spin 'round
but in your life you'll do things
greater than datin' the boy on the football team
i didn't know it at fifteen

When all you wanted was to be wanted
wish you could go back
and tell yourself what you know now.

Back then I swore I was gonna marry him
someday but I realized
some bigger dreams of mine
and Abigail gave everything she had to a boy
who changed his mind
we both cried

Cause when you're fifteen
and somebody tells you that they love you
you're gonna believe them
and when you're fifteen,
don't forget to look before you fall.

I've found time
can heal most anything
and you just might find who you're supposed to be.
I didn't know who I was supposed to be
at fifteen.

la la la la la...la la la la la...la la la la la

Your very first day
take a deep breath girl
take a deep breath as your walk through the doors

(The End)

Lyric of "Enchanted", Taylor Swift

There I was again tonight, forcing laughter, faking smiles
Same old, tired place lonely place
Walls of insincerity, shifting eyes and vacancy
Vanished when I saw your face

All I can say is it was enchanting to meet you

Your eyes whispered, "Have we met?" across the room, your silhouette
Starts to make its way to me
The playful conversation starts, counter all your quick remarks
Like passing notes in secrecy

And it was enchanting to meet you
All I can say is I was enchanted to meet you

This night is sparkling, don't you let it go
I'm wonder-struck, blushing all the way home
I'll spend forever wondering if you knew
I was enchanted to meet you

The lingering question kept me up, 2 a.m., who do you love?
I wonder 'til I'm wide awake
Now I'm pacing back and forth, wishing you were at my door
I'd open up and you would say

It was enchanting to meet you
All I know is I was enchanted to meet you

This night is sparkling, don't you let it go
I'm wonder-struck, blushing all the way home
I'll spend forever wondering if you knew

This night is flawless, don't you let it go
I'm wonder-struck, dancing around all alone
I'll spend forever wondering if you knew
I was enchanted to meet you

This is me praying that

This was the very first page, not where the storyline ends
My thoughts will echo your name until I see you again
These are the words I held back as I was leaving too soon
I was enchanted to meet you

Please don't be in love with someone else
Please don't have somebody waiting on you
Please don't be in love with someone else
Please don't have somebody waiting on you

This night is sparkling, don't you let it go
I'm wonder-struck, blushing all the way home
I'll spend forever wondering if you knew

This night is flawless, don't you let it go
I'm wonder-struck, dancing around all alone
I'll spend forever wondering if you knew
I was enchanted to meet you

Please don't be in love with someone else
Please don't have somebody waiting on you

(The End)

Lyric of "If This Was a Movie", Taylor Swift

Last night I heard my own heart beating
Sounded like footsteps on my stairs
Six months gone and I’m still reaching
Even though I know you’re not there

I was playing back a thousand memories baby
Thinking about everything we’ve been through
Maybe I’ve been going back too much lately
When time stood still and I had you

Come back, come back, come back to me like
You would, you would if this was a movie
Stand in the rain outside till I came out

Come back, come back, come back to me like
You could, you could if you just said you’re sorry
I know that we could work it out somehow
But if this was a movie, you’d be here right now

I know people change and these things happen
But I remember how it was back then
Locked up in your arms and our friends are laughing
Cause nothing like this ever happened to them

Now I’m pacing down the hall
Chasing down your street
Flashback to a night when you said to me
Nothing’s gonna change, not for me and you
Not before I knew how much I had to lose

Come back, come back, come back to me like
You would, you would if this was a movie
Stand in the rain outside till I came out

Come back, come back, come back to me like
You could, you could if you just said you’re sorry
I know that we could work it out somehow
But if this was a movie, you’d be here right now

If you you’re out there, if you’re somewhere, if you’re moving on
I’ve been waiting for you wary since you’ve been gone
I just want it back the way it was before
And I just want to see you back at my front door

And I say
Come back, come back, come back to me like
You would, before you said it’s not that easy
Before the fight, before I left you out
But I take it all back now

Come back, come back, come back to me like
You would, you would if this was a movie
Stand in the rain outside till I came out

Come back, come back, come back to me like
You could, you could if you just said you’re sorry
I know that we could work it out somehow
But if this was a movie, you’d be here right now

You’d be here right now
It’s not the kind of ending you want to see now
Figure out a better ending
Oh
I thought you’d be here right now
Whoa oh
Thought you’d be here right now . . .

(The End)