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Depositing Funds
   
Activity: Depositing Funds
   
   
Financial Policy: I-440   Depositing of Funds
  http://www.indiana.edu/~vpcfo/policies/accounting/i-440.html
   
   
Related Policies: I-40   Gifts to Indiana University
  http://www.indiana.edu/~vpcfo/policies/accounting/i-40.html
   
  I-45   Donor Intent Responsibilities
  http://www.indiana.edu/~vpcfo/policies/accounting/i-45.html
   
  I-460   Depositing of Revenue for the Sale of Goods and Services at the IU Foundation
  http://www.indiana.edu/~vpcfo/policies/accounting/i-460.html
   
   
Additional Forms:
  • Cash Receipt document located in the FIS for funds deposited in an IU account.
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  • Contact IU Foundation for funds deposited in an IU Foundation account, 5-8311.
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    Things to Know:
  • Deposit of funds should occur weekly or within one business day of receiving income totaling over $200.00.
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  • Checks should be endorsed upon receipt. Contact Office of the Treasurer for endorsement stamp. http://www.indiana.edu/~iutreas/bankingendorsementstamps.html.
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  • Funds not deposited should be kept in a secure locked device.
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  • Contact IU Foundation for funds deposited in an IU Foundation account. http://iufoundation.iu.edu/
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  • Use the accountable mail system when sending funds to the Bursar or the IU Foundation http://mailsvc.indiana.edu/
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