Business and Finance Bulletin BUS-49, the UC policy related to cash handling, defines the following cash handling positions:
- Cashier: A person who works in a main cashiering station. The primary function of this individual is cash handling, payment processing and preparing deposits that go directly to the bank.
- Cash Handler: A person who frequently handles cash, processes payments and prepares deposits to a main cashiering station.
- Fund Custodian: A person who has been assigned responsibility for administering either a petty cash or change fund.
- Depositor: A person responsible for creating the unit or departments collective cash deposit at least once each five business days.
What is considered 'cash'?
- Cash Currency
- Money Orders
- Travelers Checks
- Cashier’s Checks (also known as Official Checks)
- Certified Checks