4 Lists all payments received, totals payments, and endorses checks. Sends payment to B. Prepares receipts and sends them to customers. Distributes the product to customer.
Keeps copy of payment list.
5 Prepares deposit from checks received from A. 6 Reconciles deposits to the source document. 7 Makes deposits to the Cashier's Office, who in turn sends validated deposit slip to A. 8 Compares copy of payment list to validated deposit receipt received from the Cashier's Office. 9 Follows up on delinquent accounts. 10 Reconciles deposits to the Accounting Control Ledger.