Cash Receipts

1
Cash Receipts

• Segregation of Duties

2
Segregation of DutiesCash Receipts
(1) Department
(2) Bursars Office
(3) Department
( Employee A )
( Employee B )

• Monthly
• Reconciliation

• Collects secures receipts

• Accepts receipt deposits

• Creates deposit slip

• Deposits cash in bank daily

• Deposits to Bursars Office

• Enters maintains
• Accounting Record

Deposit Slips
Accounting Record UMGL7062 Transactions Detail