Seawinds Banking Procedure

Supported Employment > Seawinds Nursery > Finance > Seawinds Banking Procedure

Authorised by Seawinds Nursery Manager

Revised Date: 8 December 2023

 

Seawinds Banking Procedure

Last day of banking is Wednesday closing, unless it’s the end of the month.

      Take calico bag with ledger out of safe.

      In the ledger, draw two lines in red below last sales figures, write TOTAL BANKED.

      Add up cash for the week – Write total in red – Do the same for EFTPOS.

      Double check the combined total matches the cash/EFTPOS totals.

      Photocopy the ledger.

      Count physical cash & put into a coin bag or Ziplock bag.

      Complete Cash Sales Tally slip (cut from SW-03) and place in bag.

      Banking goes into a blue plastic folder along with any receipts that need to go to Kyeema.

      Return to safe until banking can be dropped off to finance manager at Kyeema, or a Thursday Day Activities program may pick it up.

End of month

 

      Follow banking procedure.

      Draw up next month’s page in ledger following the previous page.

 

Seawinds and Kyeema’s finance department receives an email with the cash and EFTPOS totals of the previous business day. It is important that these figures match the totals in the Seawinds ledger.

 

 

Related Policies, Procedures and Documents:

Cash Sales Tallies Form SWF-03