Effective cash control is crucial for businesses of all sizes, as it helps prevent theft, fraud, and errors while maintaining financial health. The Fast Company Executive Board is a private, fee-based ...

In this guideline, cash is defined as currency, checks and credit cards unless otherwise specified. The proper handling of cash is a necessary control function. Supervisory personnel must monitor ...

The coronavirus pandemic has made us all mindful of public health and cleanliness. By now, you've likely washed the skin off of your hands trying to remain safe and virus-free. Many of us are more ...

Consumers are increasingly moving away from cash payments. UK Finance forecasts that cash will account for just 8% of all payments in 2023 compared to 14% last year, while the latest study on the ...

To ensure the prompt deposit, safekeeping, and proper accounting for all college funds, our cash handling policy describes procedures for the handling of cash and other funds received by the college.

Everyone in the UB community has the responsibility to safeguard cash and cash equivalents. This policy provides guidance for the administration of and internal controls over university cash handling ...

Bills and coins have long been off limits to processors because cash transactions are not digital. No longer. For years, payment processors have expanded their technology stack beyond its core ...

The following is a list of internal control techniques departments must employ when handling cash. Continuously assess internal controls over cash and take appropriate action to remediate any concerns ...

Small business Saturday is just around the corner, and some businesses are telling shoppers the best gift for them is cash. Paying with cash would help businesses offset credit card processing fees ...

Cash receipts include currency, coins, checks, money orders and credit card receipts received from all sources such as participant fees, ticket sales, damage charges, deposits and parking fines. Learn ...

Your department may accept payments on behalf of the university. Below are the processes your team must follow. Once the forms are reviewed, the assistant vice president of Financial Services and ...