Monitoring Controls Over Cash Management Key Processes

Function:

Treasury

Procedure

N/A

Contact:

Deborah O'Connor

Guideline Recommendations

This document should be utilized as a guideline for developing, monitoring and reviewing procedures for cash management. Note that this document includes only key processes and is not a fully inclusive listing of the controls to be created.

It also describes the reports that can be used for monitoring activities.

Initial setup of bank accounts and cash management information should be monitored and approved by the appropriate management. Bank statements should be reviewed and reconciled by appropriate individuals.

Monitoring controls for Initial Bank Statement Import

Monitoring controls for Reconciling Bank Statements

Monitoring controls for Posting to General Ledger

Change History

Date

Summary of Change

October 3, 2016

Revised to update format and minor changes to wording

Unknown

New Document

 

 

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