Collection of Cash and Other Remittances

Pursuant to Procedure Number J.1 of the Policies and Procedures Handbook, all cash, check, or charge card remittances should be made at the cashier windows in 104 Main Building or Room 290 of the downtown campus. No other department or satellite location is authorized to accept cash remittances without the prior approval of the Bursar except for the following service-related areas:

Hermann Union Building:	snack shop, recreational areas, dining rooms, and the post office
Downtown Campus:	library, document center, law offices, career services and administration and finance

Each of these areas is required to prepare and account for receipts independently, maintain proper accounting records and provide appropriate safeguards over the funds until they are remitted.

There may be special circumstances where it is prudent to collect cash outside of these areas; in these cases, the Bursar or Controller must be apprised in order to ensure proper controls are in place and minimize potential risks. Any cash collected under these special circumstances should be deposited with the cashier immediately.

The Bursar Office also provides training on critical cash control items such as accountability, segregation of duties, physical security and reconciliation.

If you are aware of an area that collects cash or other remittances and is not listed above, please contact the Bursar's Office at 312.567.3345 or gharri3@iit.edu.