• Deposits will be made in a timely manner. All payments must be deposited into the Board-authorized accounts of KSU.
• All disbursements must be appropriately authorized.
• Bills will be paid within the legal limits granted by the vendor, but not aged to the point KSU will develop a reputation for slow payment.
• All cash accounts will be reconciled monthly by individuals without access to cash, accounts receivable, or accounts payable.

RELATED POLICIES:

Cash Handling Policy

Business Policies and Procedures Manual