The Cash Deposit Log Template helps establish the procedures to be followed for receiving, applying, and depositing cash receipts. Collect all cash and checks and prepare a bank deposit slip for deposit in the company’s authorized bank at the end of each day. A deposit ticket should be prepared for each cashier station or a combined ticket for several funds.
Place a duplicate copy of the deposit ticket and collected cash into a cash bag for transport to the bank. Deposits should be made no less frequently than daily. If the deposit cannot be made immediately, deposits should be stored in a secure area for later deposit.
Extreme care should be taken to protect the safety of the person making the deposit and the deposit itself. Actions to be considered are, making deposits only during daylight hours, using random deposit times and different routes to the bank, and assigning two people to make deposits.
The deposit amount should be entered into the accounting program and then recorded on the CSH102-1 DEPOSIT LOG. The original deposit ticket should be stapled to a Daily Deposit Report generated from the Accounting program and filed accordingly.