Today's Message
Posted: Wednesday, November 4, 2009Internal Control SNAPS: Cash Receipts
We have said it before, but it bears repeating: Handling cash warrants appropriate safeguarding for all employees. Whenever making a cash deposit, be sure to request and receive a receipt. A receipt protects the individual making the deposit by validating that a deposit was made and is part of the overall transaction trail ("follow the money") that confirms program revenue was deposited appropriately.
Submitted by: Rebecca Schenk