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Department Name FI 10 08×2020 Division of FinanceDivision Dept. ContactPhoneEffective Declare Nonacceptance of Cash Custody Form Type of Fund:Petty CashTravelChangeOtherType of Transaction: Establish
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How to fill out acceptance of cash custody

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How to fill out acceptance of cash custody

01
To fill out the acceptance of cash custody form, follow these steps:
02
Start by entering the date of acceptance.
03
Fill in the details of the party accepting the cash custody, including their name, address, and contact information.
04
Provide information about the custodial account, such as the account number and the name of the financial institution where it is held.
05
Specify the amount of cash being accepted into custody.
06
Indicate any special instructions or conditions regarding the custody of the cash, if applicable.
07
Both the accepting party and the party providing the cash custody should sign and date the form.
08
Keep a copy of the completed form for your records.

Who needs acceptance of cash custody?

01
Acceptance of cash custody is typically needed by individuals or organizations that are entrusted with the safekeeping of cash or financial assets on behalf of another party.
02
Some examples of those who may need acceptance of cash custody include:
03
- Banks and other financial institutions that offer custodial services for their clients' cash or deposits.
04
- Trustees or fiduciaries who manage funds for beneficiaries.
05
- Cashiers or cash handling personnel who are responsible for accepting and documenting cash that is received.
06
- Individuals or entities involved in legal agreements or contracts that require an acceptance of cash custody as part of the terms.
07
- Any person or organization that agrees to hold or manage someone else's cash for a specified period.
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The acceptance of cash custody is a form that outlines the responsibility and procedures for handling cash transactions.
Any individual or entity that is responsible for handling cash transactions is required to file acceptance of cash custody.
Acceptance of cash custody can be filled out by providing all necessary information such as name, date, amount of cash, purpose of the transaction, and signature.
The purpose of acceptance of cash custody is to ensure accountability and transparency in cash handling procedures.
Information such as name, date, amount of cash, purpose of the transaction, and signature must be reported on acceptance of cash custody.
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Relevant keywords

2020 fvendorutah gov dept custodian treasurer decrease revised vendor establishing fi accordance summary stating

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