(A) The responsibility for collecting money and issuing receipts is segregated from those preparing the bank deposits.
(B) The responsibility for making bank deposits is segregated from those preparing the monthly bank reconcilement.
(C) Prenumbered receipts are issued for all money collected, and the receipt is retained with supporting documentation.
(D) Receipts are reconciled to the cash receipts ledger by an individual other than the one collecting money and issuing receipts.
(E) The posting of receipts to the ledger is completed by an individual other than the one who collects money and makes the deposits.
(F) Receipts indicate the type of payment received, such as cash, check and the like, and this is reconciled to the makeup of the bank deposit.
(G) Accounts receivable records are maintained by an individual other than the one or ones involved in the billing process.
(H) The billing process is completed by an individual other than the one who collects cash payments from customers.
(I) Adjustments to customer accounts above the managerial threshold are approved by the governing body only after review.
(Ord. 2016-04, passed 7-5-2016)