Policy Information
Deposit Methods
Effective
March 1 2014
Number
Applicability
This policy applies to University employees administrators faculty and staff
Administrative Authority
Vice President for Finance and Chief Financial Officer
Responsible Unit
Controller's Office
Treasury Management
Service Complex, Louisville, KY 40292
502-852-8253
treasmgt@louisville.edu
History
Revision Date(s): February 27, 2014; April 20, 2020
Reviewed Date(s): April 20, 2020
Categories
Statement
There are two primary methods the University of Louisville has available for departments to utilize when depositing funds received (checks, currency, and coin).
All deposits are to be made within one working day of receipt and all checks are to be restrictively endorsed regardless of the method used. The Excel posting grid of deposit is to be emailed to University Accounting within one working day for all methods, unless alternative arrangements have been made with University Accounting for automatic posting.