Precard Acceptance Business Practices Checklist - business practices that ought to be in place BEFORE a unit starts to accept card payments (Note: each campus may have its own similar checklist.)
|(Overall) Is the department currently employing good business practices for handling non-credit card payments?|
|Do cash / deposit handling procedures conform to the campus's cash control policies and procedures?
|Are all transactions and deposits processed daily?|
|Are transaction, cash / deposit handling, and reconcilement duties performed with proper segregation of duties? If not, what supervisory controls are in place to ensure proper oversight?|
|Are refund transactions properly controlled? That is: |