Departmental Deposit Preparation

1. Bank deposit slips for cash and check deposits should be ordered through the University Treasurer’s Office. 
2. All accounting transactions should be submitted through the Edeposit online system.  For access to this system, training, or for more information regarding this system, see this page.
3. All checks must be endorsed by department with a restrictive endorsement stating "For Deposit Only", the department name, the four digit department number, and "University of Iowa".
4. Attach an adding machine tape showing the detail and total of checks submitted. Checks should be in the same order as listed on tape.
5. Checks should be delivered with the white deposit slip to the bank directly.  The yellow deposit slip should be kept for documentation.  Departments located in the University Hospitals may drop off deposits at the University Hospitals Cashier in the general hospital after submitting accounting information through the Edeposit system.

PLEASE NOTE

All departmental deposits should adhere to the policies outlined in the University of Iowa Cash Handling Policy.

Deposits accounting for receipts originating from credit card sales should follow the procedures outlined here.

The University Billing Office cannot be held responsible for checks or cash lost in Campus or U.S. Mail.