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UNIVERSITY OF LOUISIANA MONROE CASHHANDLINGPOLICYANDPROCEDURES RevisedMay23,2018 ResponsibleOffice:OfficeoftheController ThispolicyoutlinestheUniversityrulesandproceduresfortheproperhandlingofcash,
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A cash handling policy outlines the procedures and guidelines for managing cash transactions within an organization.
Financial institutions and businesses that handle cash transactions are required to file a cash handling policy.
Cash handling policies can be filled out by detailing the procedures for accepting, counting, and depositing cash, as well as outlining security measures.
The purpose of a cash handling policy is to ensure the security and proper management of cash transactions, reducing the risk of theft and errors.
Cash handling policies typically include information on cash handling procedures, security measures, responsibilities of employees, and reporting requirements.
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