![]() Retrieve & count cash receipts from the business day.However, if no other option is available, it may be the same person as Cash Collection Point Cashier. We recommend that this person be a different individual than any of the other 5 roles. ![]() ![]() Authorize various transactions, such as refunds, voids, and cash drawer reconciliations.Īudit Control: No overlap in roles except with Departmental Cash Handling Role Administrator & Local Cash Handling Control Manager.However, if no other option is available, it may be the same person as Local Cash Handling Control Manager. We recommend that this person be a different individual than any of the other roles. Count the cash and submit the cash & supporting documentation to the Cash Collection Point Supervisor at the end of their shift.Īudit Control: No overlap in roles except with Deposit Preparer.Enter transactions into accounts receivable system, cash register or cash receipt journal/log.Endorse all checks immediately upon receipt with a restrictive University of Iowa endorsement.Provide a receipt to customer paying in person.Conduct cash transactions with customers.However, if no other option is available, it may be the same person as Deposit Preparer. However, if no other option is available, it may be the same person as Reconciler.Īudit Control: No overlap in roles except with Reconciler. Notify the Departmental Cash Handling Role Administrator of staff role changes so Institutional Roles-Cash Handling can be updated.Īudit Control: No overlap in roles except with Departmental Cash Handling Role Administrator & Cash Collection Point Supervisor.At a minimum, resubmits procedures every 3 years to AFR for approval. Annually, review local cash handling procedures and update as needed.Maintain strong internal controls for payment collections at the payment receipt location level and safeguarding against loss.However, if no other option is available, it may be the same person as the Cash Collection Point Supervisor. We recommend that this person be someone different than any of the individuals in the roles. If role overlap is necessary, we strongly recommend that it is limited to only the Local Cash Handling Control Manager & Cash Collection Point Supervisor. Update cash handling roles for all payment receipt locations at the sub-department level in a timely and accurate manner.Īudit Control: None.Maintain timely, accurate & effective communication with all local cash handling control managers in the department.Overlap with other roles will be allowed if necessary provided the assignments are in compliance with the role overlap restrictions described below. However, if no other option is available, we strongly recommend that role overlap is limited to only the Local Cash Handling Control Manager or Cash Collection Point Supervisor. We recommend that this person be someone different than any of the individuals in the other roles. This person can be the Department Administrator (DA) or any other individual deemed appropriate by the Business Officer. View/Print Cash Handling Role Definition Table (PDF) Department Levelĭepartment Cash Handling Role Administrator
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |