Laserfiche WebLink
mVP <br />I <br />R <br />8 <br />R <br />i"I it <br />i <br />H <br />t <br />I <br />r? M <br />M <br />ipi <br />\ M <br />5 w <br />M <br />M <br />‘ M <br />»t <br />19 <br />I f <br />H <br />I <br />^ (I <br />by the aMMttOl fil V , <br />prim a mnmvy of the receipts. The summary of receirts will be cro»s referenced <br />director, who will abo code Md enter the batek tottb of the rcceipis into the cash <br />regisier <br />The nuhtam fhnnee dirccior should clear nd sunmarize the cash regisier at least weekly. A deposit <br />should he made after the regisier is cleared and also when the accuMulaled cash receipts on hand eaceed <br />$10,000. TV assisiJrt fmwe director shouW then deliver the checks and cash to the senkw accounting <br />clerk, who wiU prepare the deposit. TV assistant finance director wiU bring the prepared deposit ^ <br />b«rit or may vrmige for someone else from the finance staff or a police officer to make the deposit in <br />his place. A bank teller receipt shouU V obtained for the City’s records The assistam finance director <br />should prepare a cash receipt journal enny. and the finance director shouU compare the entry total to the <br />bank deposit amount as shown on the deposH slip Bank icconciliatioos wiU V prepared monthly by the <br />finance director. To further enhance these accouming controls, the senkw accounting clerk <br />rmher than the assistant finance director. shouW prepare the bank reconcUiaiion for a few randomly <br />months (i.e.. February and August). The finance director should thoroughly review the bank <br />reconciliations for each month <br />GOUCCMJBSE RECEIPTS <br />Considering the limited number of personnel assigned to the golf course operation, there appears to be <br />reasonably good internal controb. Once a sale has been entered into the pro shop cash register by a <br />course employee. It appears to have adequate controls through the system. Cash deposits are made by <br />the police department and the register tapes and tickets are later reviewed and reconciled independemly <br />by an employee in the finance department to the bank deposit records and the daily sales repOTts. We <br />are, however, concerned with cash collected for greens fees and miscellaneous purcha.ses. <br />-3- <br />I