What is it?
Cash and Cash Equivalents include, but are not limited to, currency, cheques, money orders, bank drafts, payments via credit card, debit card, e-commerce, campus card, and electronic funds transfer.
Why is it important?
At Carleton, receipting, handling, or processing cash and/or cash equivalents of any type are governed by the Cash/Cash Equivalent Handling policy and Procedures. The policy provides direction for ensuring proper controls over all revenue sources and types of receipts by properly safeguarding, depositing, and recording funds.