Direct Deposits
…types of deposits can be directed to the subordinate banks accounts, including: cash, cheques, incoming wire payments, debit card / credit card payments via POS systems, tele-deposit and e-commerce solutions….
…types of deposits can be directed to the subordinate banks accounts, including: cash, cheques, incoming wire payments, debit card / credit card payments via POS systems, tele-deposit and e-commerce solutions….
…the date, the amount and the payee. Cash on hand should balance to these receipts. Where cash register or credit/debit card customer receipts are not system generated, consideration should be…
…or faculty that receives and deposits money (e.g. deposits cash and cheques, accepts electronic deposits, deposits credit card transactions, etc.) What are the Advantages of having a Subordinate Bank Account?…
…possible when an incorrect tax code has been used, in any transaction, even after it has already been processed. You’ll need to process a journal entry to credit the incorrect…
…have completed the eLearning module, please complete the REQUIRED final assessment to get course credit. Once it is completed, the course will appear in your LMS Training History. …
…departmental administrators should: promptly bank all cash received (refer to GTFM: Cash, Other Receipts & Banking) make maximum use of vendor credit with respect to purchases. Last revision September 2010…
…order forms, journal renewals Deposits required for events Refunds of amount originally paid and credited to departmental accounts Contractual agreements for items like space rental or copier leases Postage meter…
…value of expenditures increase so does the potential price advantage in using a purchase order or departmental credit card. Payments for personal services which are very small, non-routine and non-recurring…
Expand All | Collapse All Search by Function Processing Invoice (under $10,000 before tax) Credit Memos (under $10,000 before tax) Refundable Deposit Repayments Expense Reimbursements Journal Entries, Internal Expense Recoveries/Revenues…
…(i.e. cheques and credit card payments) and marketable securities. Gifts-in-Kind include gifts of supplies, equipment, books and artwork. For donations of cash and marketable securities, refer to the section Monetary…