[pc-pvt-content allow=”21,22,23,36,32,33″]
I. OBJECTIVE
1. To provide guidelines on the proper handling of uncollected checks
II. DEFINITION OF TERMS
1. Uncollected Checks – are checks made for payment to due fees or billings but are unclaimed during the collection date
III. GENERAL POLICIES
Checks that are not collected during the collection day are forwarded to the Accounting Staff in charged of uncollected checks. The Accounting Staff in-charged shall keep the checks for one week until the supplier arrives and pick up the check. If the week passed and the supplier fails to get the check, the Accounting Staff shall make a report on the pending uncollected checks and submit it to the CEO.
IV. PROCEDURE FLOWCHART
Flowchart Title
(Not Applicable)
V. REFERENCE/INTERFACE PROCESS
Document Title
(Not Applicable)
VI. FORMS AND RECORDS
Form Title
(Not Applicable)
[/pc-pvt-content]
