…operate under reasonably exacting financial controls: restricted access to unused cheques, two signatures on all cheques, maintenance of imprest expenditure bank account records, monthly reconciliation of the bank statement to…
…The procedure for preparing a deposit further breaks down Cash into “Currency” and “Cheques”. To clarify: Currency – Currency includes coin and bills. Cheques – Cheques include personal cheques, certified…
…only, the cheque may still be deposited. Signature – All personal cheques, certified cheques and traveler’s cheques must be signed. Bank drafts and money orders do not require signatures. Currencies…
…identification should be noted on the reverse side of all cheques. Ensure cheques are made payable to the University of Toronto. Endorse Cheques Endorse all cheques with a coded endorsement…
…irregularities. Ensures that the correct tax treatment of payments in accordance with University policies and procedures. Exercises control over cheques: distributes promptly; has employees sign for cheques; keeps unclaimed cheques…
…10K & 5K automatically parked by FIS How to resolve blocked vendors when processing ERDD. June 2014 Preventing errors when addressing cheques Posting Date on reversal of a document May…
…copies of the deposit form do I need to submit? Cheque Production When are CAD and USD cheques produced for employees (expense reimbursements)? ~ When are CAD and USD cheques…
…requested for small transactions, i.e. $100 or less, because of the disproportionate administrative cost of processing customer invoices. Personal cheques Acceptance of personal cheques carries a risk of NSF…
…important to determine this information as soon as possible. Cheques Cheques will be restrictively endorsed, for deposit only to the Governing Council University of Toronto prior to sending to DUA….
…and Invoice Receipts Releasing Reserves/Commitment Tied to Pos Process when addressing additional charges not included in the PO Presentation Slides Additional Resources Procurement Policy GTFM Policy – Purchase Order Invoices…