Student Financial Services and the Cashier’s Office serve as the Main Cashiering location for the university. As the Main Cashiering location, Student Financial Services performs the following duties:
Departments and individuals who handle cash or process credit/debit cards must review and remain aware of current campus procedures related to cash handling.
|Accounts Receivable Management Procedures||
Management of accounts receivable, including safeguarding, collection, and
|Cash Handling Procedures||Accepting, depositing, and safekeeping of cash and cash equivalents.|
|Credit/Debit Card Acceptance Procedures||Acceptance of credit/debit cards, including PCI data standards.|
|Reimbursement of small-dollar university-related expenses when use of procurement card is not possible.|
Departments wishing to establish themselves as a cash collection site must first receive authorization from the university’s CFO or their designee. Departments can receive authorization by reviewing the current campus Cash Handling Procedures and then completing and submitting the Request to Establish/Maintain Cashiering Collection Point form (Select: FA-SFAR-Cash_Establishment_Collection_Point).
Managers overseeing approved cash collection sites must resubmit and update all relevant information (including any changes to approved custodians, frequency of collections, etc.) to Student Financial Services no later than June 1st to maintain approval from the university’s CFO or their designee to collect cash, checks, and credit/debit cards for each new fiscal year beginning July 1st and ending June 30th. Managers at approved cash collection sites can resubmit via the Request to Establish/Maintain Cashiering Collection Point form (Select: FA-SFAR-Cash_Establishment_Collection_Point).
Any department wishing to accept credit/debit cards must first have authorization from the university CFO or their designee to be a cash collection site. To accept credit/debit cards, the university’s CFO or their designee must approve all physical locations, websites, 3rd party processors, or any channel accepting credit/debit card payments by the university. Credit/debit card payments will only be accepted at approved locations using an approved CSU merchant card processor. The CFO or their designee must first approve any change involving credit card acceptance. Department managers wishing to accept credit/debit cards should review the campus Credit/Debit Card Acceptance Procedures and then complete and submit the Credit/Debit Channel Request Form (Select: FA-SFAR-Credit_Card_Channel_Request_Form).
The procurement card is the preferred purchasing method for low-dollar business expenses. When the use of the procurement card is not possible, departments may use funds from petty cash. A petty cash or change fund must be assigned to a specific individual as custodian. The custodian will be responsible for the amount advanced and should be trained on their responsibilities before accepting a petty cash fund. Individuals or departments wishing to establish a petty cash or change fund should have their manager review the current campus Petty Cash/Change Fund Procedures and complete and submit the Application to Establish Cash Fund Form (Select: FA-SFAR-Application_To_Establish_Cash_Fund).
Individuals in need of reimbursement of a petty cash expense should complete the Petty Cash Reimbursement Form (Select: FA-SFAR-Petty_Cash_Reimbursement_Form).