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Deposits to the Cashier’s subordinate account(s)

…Cash into “Currency” and “Cheques”. To clarify: Currency – Currency includes coin and bills. ChequesCheques include personal cheques, certified cheques, money orders, traveler’s cheques, and bank drafts (i.e….

Imprest Expenditure Bank Account

…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 Cashier Function

cheques, money orders, bank drafts or traveler’s cheques, verify the following details: Date – Personal cheques are valid only for six months. Tip: A cheque that says Certified Service is…

Direct Deposits

…be adopted: Positive identification should be noted on the reverse side of all cheques. Ensure cheques are made payable to the University of Toronto. Endorse Cheques All cheques must be…

Objective and Responsibilities

…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

FAST Tips Newsletter

…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 2014 How to…

FAQs

…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

Monetary Donations

…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….

Payment Terms

…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…

FAST Monthly Lunch and Learn Sessions

…to Pos Process when addressing additional charges not included in the PO Presentation Slides Additional Resources Procurement Policy GTFM Policy – Purchase Order Invoices Knowledge Centre – Purchase Orders &…