BS5788 - Cash Receipts within Instructional Programs

1. Institutional Regulation
   
   Cash receipt procedures in instructional areas shall conform to the procedures established by the Business Office
    
2. Procedure
   1. Receipt of Cash:
      1. Instructional areas and programs that provide the sales of goods or services to the public or employees shall be required to maintain documentation as required by the Business Office.
      2. Required documentation may vary depending on the type of activity.
      3. When engaging in an activity that will result in the receipt of cash, it is the responsibility of the area or program to notify the Business Office to allow proper procedures to be established.
   2. All sales are on a cash basis and payment must be collected prior to the release of goods. The department shall not allow customers to defer payment.