Cash Handling Procedures

It is imperative that organizations maintain proper cash handling procedures. Any time an organization receives income from donors, fundraisers, sales, dues, or other organization activities, all money should be deposited in the safe at the end of the day. The safe is located on the 2nd Floor of Carr House. Under no circumstances should organizations maintain cash in an unsecured location or in the possession of any member.

If organizations sell tickets from a cash box, the cash box should be emptied each night and the contents deposited in the safe.  Keep only enough money in the cash box for making change during the next day’s sales.

With notification (two weeks in advance), starter cash can be obtained from the CSI (by way of the Controller's Office) for the purpose of making change for ticket sales. Starter cash should be deposited separately and marked as “returned starter cash” on the deposit envelope. See your CSI advisor for cash envelopes.