Cash procedures manual

CASH MANAGEMENT POLICIES AND PROCEDURES HANDBOOK. CHAPTER 8. INTERNAL CONTROLS FOR CASH MANAGEMENT. Section General. This chapter examines the requirements, responsibilities, standards, and objectives for internal controls. Implementing internal controls is important in the area of cash. The total sum of the “Received of Petty Cash slips. 2. and cash on hand must at all times equal. 3. the authorized fund amount. Miscellaneous cash received must. not. be added to the petty cash fund. Please see the Accounting Policies and Procedures Manual for further detail. DISBURSEMENT. The fund must. not. be used for any of the. procedures and controls that must be incorporated into a recipient’s or organization’s accounting and financial reporting systems. Finally, this Guide includes in Appendix F an annotated list of resources for nonprofit organizations.

This Cashiers Manual contains procedural guidance on the operation of imprest funds, including guidance once contained in the Treasury Financial Manual (TFM), I TFM Part 4, Chapter , Imprest Fund Cash Held at Personal Risk by Disbursing Officers and Cashiers. The manual has been updated to reflect other changes that have taken place. Cash Management Procedures – Cash Handling Departments Rev. January CASH MANAGEMENT POLICY PROCEDURES. ADM Revised January CASH HANDLING. Departments. 1. ACCEPTING UNIVERSITY FUNDS. 2. SAFEGUARDING FUNDS. 3. CASH HANDLING. 4. RECONCILING. 5. DEPOSIT PROCEDURES. PETTY CASH PROCEDURE GUIDE 4. Safeguard the cash. A. Keep petty cash funds in a secure area such as a locked drawer or small safe. B. Petty cash funds should not be comingled with other funds. C. In the event of theft, the Custodian should notify his/her immediate superior as well as the University Police.

Cash is the lifeblood of retail; it is also ripe for employee theft and counterfeit. Savvy retailers employ procedures to audit employee cash handling, and to train personnel on how to spot invalid currency. Mistakes might happen, but with. Small business cash registers are sold at office supply stores and major discount retailers. You can find used cash registers for sale at online marketplaces. Read on for our advice on before you purchase the workhorse of your cash-and-wrap. Internal Control Procedures for the Receipt of Cash. Internal control procedures for the receipt of cash help your small business prevent loss due to employee fraud and accounting errors. These controls are intended to limit access to cash.