Cash Receipts

Cash and check receipts – open mail, prepare deposit slip, ACH transfers, record receipt in accounting system

Treasury – confirm verification of signatures on all accounts; verification of person(s) authorized to do wires and ACH; confirmation process for all wires; utilization of on-line banking – verify authorized users; identify person(s) for authorizing stop payment

Investing – cash balances should be reviewed periodically to identify investment opportunities; investment vehicles must be in accordance with state statutes

Reconciling – all accounts must be reconciled in a timely manner