1. All activities involving cash receipts must be handled with extreme care to ensure procedures that are in strict compliance with financial audit requirements. Questions related to this should be directed to the Associate Director of Athletics, Business & External Affairs.
2. General guidelines include, but are not limited to:
a. All checks must be payable to "University of Delaware" and should be sent to:Athletics Business Office
Delaware Field House
Newark, DE 19716b. Checks and/or cash should be received well in advance of the event in all cases where possible rather than at the time of the event.
c. Cash received, including checks will be deposited in the bank on a daily basis. All cash/checks must be deposited no later than one business day after receipt of payment.
d. Two sets of initials must appear on each cash report, those of the cash transmittal preparer and those of the checker.
e. Cash report number must appear on the deposit slips.
f. Any cash/checks undeposited at the close of the business day must be locked in the Delaware Field House safe until the next day's deposit. Under no circumstances may cash/checks received as payment leave the Delaware Field House premises except for deposit in the bank.
g. Bank deposits are only to be made by designated Athletics administrative personnel.