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Managing Refundable Deposits

January 7, 2021 @ 10:00 am - 11:30 am

Location: Virtual Training Session
Duration: 1.5 hours
Format: Lecture + Demonstration
Workshop Slides:   Presentation   |    Workbook

Refundable deposits are collected by the University to ensure that items (e.g., FOBs, room keys, carrels) are returned and/or ensure that a room is left in satisfactory condition when it vacated. Due to the unique nature of refundable deposits, the University has specific policies, processes and guidelines governing the administration of these deposits. This course introduces departmental responsibilities around the administration of refundable deposits, as well as processing, tracking and reconciling key/refundable deposits in FIS.

Topics include:

  • What are refundable deposits and how they work
  • Departmental responsibilities and business processes surrounding key and other refundable deposits
  • Differences between “Deposit” and “Refund” FIS transactions
  • Relevant FIS screens and their distinct characteristics
  • How to track and reconcile key and other refundable balances in FIS

Prior to attending this course, it is highly recommended that you complete the FIS Standard Curriculum.



January 7, 2021
10:00 am - 11:30 am
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