MU IOTA CHAPTER

Cash Handling Procedure

1. At least two designated handlers must manage all collections at events and meetings.
2. All funds logged using the Cash & Check Collection Log with pre-numbered receipts.
3. Both handlers count and verify all funds; complete the Count Verification section.
4. Verified funds turned over to KRS, who logs the transaction and delivers to KF for deposit.
5. Deposit must be made within 24 hours (12 hours for amounts over $500).
6. KF records deposit, retains all documentation. All records retained for 3 years.