{"id":2163,"date":"2013-06-13T13:21:31","date_gmt":"2013-06-13T18:21:31","guid":{"rendered":"http:\/\/blogs.acu.edu\/hr\/?p=2163"},"modified":"2013-06-13T13:21:31","modified_gmt":"2013-06-13T18:21:31","slug":"department-deposits-memo","status":"publish","type":"post","link":"https:\/\/blogs.acu.edu\/hr\/2013\/06\/13\/department-deposits-memo\/","title":{"rendered":"Department Deposits Memo"},"content":{"rendered":"<p>The Office of Finance is the official depository for all University funds.\u00a0 Since your department collects funds on behalf of ACU, these must be submitted to the Office of Finance for deposit with our bank.\u00a0\u00a0 We are providing a few guidelines for best practices that will ensure your department\u2019s revenue is secure and recorded properly:<\/p>\n<ul>\n<li>We strongly recommend transporting deposits to the Office of Finance on a daily basis thus avoiding the risk of having unsecured checks and\/or cash in your department&#8217;s possession overnight.<\/li>\n<li>Departments are responsible for counting all money and completing a departmental deposit slip prior to delivery of the money to the cashier located in the Office of Finance.<\/li>\n<li>The Finance cashier, who receives the money, will then verify that all funds are present, make the entry into the Banner FOAP listed on the deposit slip, and provide a printed receipt to the department\u2019s representative.<\/li>\n<li><span style=\"text-decoration: underline\">Please instruct your team members to not leave deposits with Finance without obtaining a thermal paper receipt<\/span>.<\/li>\n<li>It is the responsibility of each department to verify that all funds have been recorded into the Banner general ledger in a timely manner.<\/li>\n<li>We strongly recommend that departments keep a copy of their deposit slips and attach the corresponding receipt for reconciliation purposes.\u00a0 This is for the protection of your department.\u00a0 There may be multiple people handling the money, and this process will ensure that all money has been deposited and recorded successfully.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Office of Finance is the official depository for all University funds.\u00a0 Since your department collects funds on behalf of ACU, these must be submitted to the Office of Finance for deposit with our bank.\u00a0\u00a0 We are providing a few guidelines for best practices that will ensure your department\u2019s revenue is secure and recorded properly: [&hellip;]<\/p>\n","protected":false},"author":6050,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[18],"tags":[],"class_list":["post-2163","post","type-post","status-publish","format-standard","hentry","category-announcements"],"_links":{"self":[{"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/posts\/2163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/users\/6050"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/comments?post=2163"}],"version-history":[{"count":2,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/posts\/2163\/revisions"}],"predecessor-version":[{"id":2165,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/posts\/2163\/revisions\/2165"}],"wp:attachment":[{"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/media?parent=2163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/categories?post=2163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/tags?post=2163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}