Board Policies & Procedures

Cash Receipts Processing

6008 Cash Receipts Processing

Written receipts must be issued for all funds received by the College.

Procedure

All monies due the College shall be accounted for under generally accepted accounting principles and procedures, with internal controls established to ensure monies are properly safeguarded.

The Business Office Cashier will prepare daily cash reports for all receipts taken since the previous day's deposit. Each deposit will be supported by a Cash Report prepared by the Cashier.

Adopted Date
07-28-1992