…clarify: Currency – Currency includes coin and bills. Cheques – Cheques include personal cheques, certified cheques, money orders, traveler’s cheques, and bank drafts (i.e. excludes coins and bills) Note: Only…
…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…
…as processing – must be carried out. Overview of the Cashier Function Cash Defined Cash refers to currency, personal cheques, certified cheques, money orders, traveler’s cheques, and bank drafts. Cashier’s…
…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 restrictively endorsed. Stamp or write…
…Head of Department Cash Receipts: Provides organizational controls for the security of cash: The person who receives and endorses cheques should not be the person who prepares the deposit form;…
…resolve blocked vendors when processing ERDD. June 2014 Preventing errors when addressing cheques Posting Date on reversal of a document May 2014 How to view the status of a cheque….
…details Locating the Accounting Document for Goods Receipts and Invoice Receipts Releasing Reserves/Commitment Tied to Pos Process when addressing additional charges not included in the PO Presentation Slides Additional Resources…
…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…
…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….
…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…