Departments that receive funds on behalf of the university are required to deposit and record those funds in a timely manner. The Guide to Internal Controls provides information on separation of duties and deposit frequency in order to maintain good controls and prevent fraud.
Reports of suspected theft, embezzlement, or misuse of University assets may be reported on the Washington University Compliance Hotline. Washington University has several reporting options and resources that are managed by multiple offices across the university. Refer to the link below link for a listing of the various options available. This link includes information on the Washington University Reporting Hotline which is a means to anonymously report on select concerns or suspected violations of university polices. https://reportingoptions.wustl.edu/
Accepting Credit Card Payments
Includes how to become a Credit Card Merchant, training and compliance requirements
Deposits & Recording Payments
Procedures for preparing deposit slips & bags and locations for making deposits