Direct Deposits

…received and deposited preparation of the bank deposit slips Standard Cash Handling Responsibilities preparation of the cash for deposit preparation of the Direct Bank Deposit form to record the deposit…

Petty Cash

…the petty cash fund. Confirm that the total, including the deposit (if any) equals the outstanding Petty Cash Fund and Close the Petty Cash Fund. Process a Petty Cash Reimbursement…

Deposits with the Cashier

…Prepare journal entry to record the transaction in FIS Deliver the cash and deposit report to the Cashier Verify deposit and accounting entries Cashier’s Responsibilities: Verify and confirm deposit Deposit…

The Cashier Function

…cash-handling functions (ownership of cash float, deposit preparation, etc) should be segregated from the reconciliation/review functions (reconciling cash deposits to logs/register tapes, deposit forms and FIS). For more detailed information…

Cash Float Accounts

…Department. Deposit cash float funds promptly with the Cashier, Financial Services Department, when no longer required. Action to avoid Accounting records will not properly reflect departmental operations if the cash…

Objective and Responsibilities

…recorded. Petty Cash/Cash Float Maintains petty cash fund at minimum required level; Locks petty cash box and restricts access to the custodian. Outside of business hours keeps petty cash box…

Accounts to Record Deposits Received

…The method used is up to the department and will depend on volumes and dollar amounts. Refunding Deposits The department refunds the deposit by: issuing cash from petty cash, issuing…

Cash, Other Receipts and Banking

…requirement of daily deposits; summary of departmental and Cashier’s Office responsibilities; requirements for preparing cash for deposit; preparing the deposit form; delivering cash to the Cashier’s Office; and verifying the…

Source Documents and the Audit Trail

…office with the cash. Deposit report (Cash already deposited) The deposit report form showing the document number, total of deposit and department’s deposit number, (if the department uses its own…

FAST Monthly Lunch and Learn Sessions

…Guide to Financial Management (GTFM) Policy and FSD Services: Banking Subordinate Bank Account Policy – Cash, Other Receipts and Banking Policy – Direct Deposits Forms: Direct Deposit form (PDF |…