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ACCOUNTS RECEIVABLE

Financial Processes for Safekeeping Accounts

A safekeeping account allows student groups and faculty/staff an account for deposit of monies generated by fundraisers or membership fees. Safekeeping accounts are used for nonpublic money.

Below are links to resources that can help you with your group's safekeeping account.

Find out how to:
Open a safekeeping account
Make a deposit into your safekeeping account
Sell something online
Accept credit cards payments
Accept contributions
Have a prize drawing
Conduct a silent auction
Request a cash box for an event
Understand and manage sales tax
Make a withdrawal from your safekeeping account
Get reimbursed for expenses
Get a cash advance
See your account balance
Close a safekeeping account


Do's and Don'ts of Safekeeping

Video tutorial

Cash handling training PDF

Related WSU Policies and Procedures:
13.01/Deposit of Cash Receipts*
13.14/Security of Credit Card Data*
Cash Handling Procedures
 

Related forms:
1099*
W9*

Questions? Contact Accounts Receivable at 978-3333.


* This link leaves the WSU Accounts Receivable website.