cash: Cash Handling Procedure

[Campus Cash Handlers]

Hello UO Cash Handlers,

We are writing to inform you of an important update to the university's cash handling procedures. Effective immediately, the requirement that departments must deposit cash receipts within the next business day when $1,000 or more is on hand has been eliminated.

Departments are still required to deposit cash receipts including currency and checks at least once per week, regardless of the amount on hand, and should continue to ensure deposits are made in a timely manner. All other established cash handling and safeguarding practices remain in effect, including maintaining secure storage and strong internal controls over funds.

This change is intended to provide additional flexibility while continuing to support responsible financial stewardship across the university. No other requirements related to cash handling or deposit procedures have been modified at this time.
If you have any questions or would like additional guidance, please contact UO Cashiers at cashiers.uoregon.edu or 541-346-3154.

Thank you,

Mike Syljuberget
Cashiers Manager - Business Affairs
University of Oregon

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