Longwood University  Chief Administration and Finance Officer Cashiering and Student Accounts 201 High Street, Lancaster 301, Farmville, VA  23909           Phone: 434.395.2274       Fax: 434.395.2635

CASHIERING AND STUDENT ACCOUNTS:

AUTHORITY, RESPONSIBILITY, AND DUTIES

I.    PURPOSE

The purpose of this policy is to establish the primary role of the Office of Cashiering.

II.    POLICY

The Office of Cashiering is responsible for the collection, control, and custodianship of all
institutional revenues. The Office of Cashiering and the Office of Accounting and Financial Reporting, 
under the supervision of their respective directors, are the Longwood units authorized to transact
business with banking institutions in the name of Longwood. All monies collected by the institutional 
units for deposit must be transmitted to the Office of Cashiering. The Office of Cashiering will furnish 
full and true reports of all such receipts from the departments. Depositing departments must keep 
backup and receipts for audit verification.

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