PAP.10.11.060 Preparation of Receipt

The Accounts Receivable Clerk will prepare a receipt for each item received, and reconcile that item to the Incoming Check Log, and initial the Log as verification. The Accounts Receivable Clerk will immediately notify the CFO via e-mail of any receipts that do not agree with the amounts entered on the Incoming Check Log. Each receipt will have three (3) copies, with the original going to the person making the payment. One ( 1) of the copies must be filed in the cash receipts journal and the other must remain in the cash receipts book (See sample form A-4).