Our council requested a state audit due to concerns about some prior employees. One of the issues flagged by the auditors has to do with bank depositions. We do not have a bank in town. The closest banks are approximately 20 miles away. The first auditor advised our treasurer to complete a daily deposit slip then physically deposit at the end of each week. The second auditor has told us that the deposits must be made daily, which is a significant hardship for us. Are you aware of any exception to the daily deposit requirement?
Sharla
Sent from my iPhone which randomly rearranges my thoughts and letters. Apologies in advance for any illogical responses.
Our council requested a state audit due to concerns about some prior employees. One of the issues flagged by the auditors has to do with bank depositions. We do not have a bank in town. The closest banks are approximately 20 miles away. The first auditor advised our treasurer to complete a daily deposit slip then physically deposit at the end of each week. The second auditor has told us that the deposits must be made daily, which is a significant hardship for us. Are you aware of any exception to the daily deposit requirement?
Sharla
Sent from my iPhone which randomly rearranges my thoughts and letters. Apologies in advance for any illogical responses.