Cash Receipts and Deposits
Effective Date: July 1, 2003
Last Reviewed: July 1, 2015
Interim Date: July 21, 2015
To describe the policy and procedure for recording and processing cash, checks, money orders, and credit card payments received by any College revenue units for deposit and credit to the College accounts. Units of the College include schools, divisions, departments, student organizations, and other subsidiaries identified in the Organizational structural
This policy establishes the requirements for recording and depositing funds received
by any College unit or representative.
Only a representative from the Office of the Treasurer is authorized to deposit cash receipts directly to a College bank account.
Only authorized units may deposit credit card payments directly to a College bank account. The Treasurer’s office is responsible for review and approval of all unit requests for permission to accept and deposit credit card payments.
This policy is currently awaiting approval. You can view the interim policy to the right or by clicking here.