To: Deans, Directors and Department Chairs; University Business Managers; Campus Unit Finance Leads
From: Kristy Nash, Associate University Cashier
CC: DeAhn Baucom, University Cashier
Please note and share as appropriate the following adjusted deadlines related to December 2021 month end processing of cash, checks, credit card and electronic payments submitted through the Cashier’s Office. These adjustments to the usual monthly deadlines are due to the long winter holiday break. We appreciate your attention to these critical deposit deadlines for December’s month-end close.
Cash and Check Deposits
All cash/check deposits submitted in ConnectCarolina in December 2021 must be received by 9 a.m. Monday, January 3, 2022, to be approved with an effective date of December 31, 2021.
NOTE: Due to the winter break — Friday, December 24, 2021, through Friday, December 31, 2021, submitted cash/check deposits must be placed in the night depository outside of SASB North by 9:00 a.m. on Monday, January 3, 2022, to be considered a December deposit. It is unlikely that deposits placed in campus mail late in the week ending Friday, December 24 will be processed as a December deposit.
Credit Card/Electronic Deposits
Departments must submit deposits by the below deadlines:
|For settlements occurring||Submitted deposit due|
|Prior to Wednesday, December 22, 2021||By 10:00 a.m. of the business day following the settlement day (normal processing deadline)|
|Wednesday, December 22, 2021||By 5:00 p.m. Thursday, December 23, 2021|
|Thursday, December 23 through Thursday, December 31, 2021||By 5:00 p.m. Monday, January 3, 2022|
NOTE: Please be sure your department has staff available to process your credit card deposits by the above deadlines.
The Cashier’s office will approve all bank dates through December 31, 2021, by 5:00 p.m. on Tuesday, January 4, 2022.
NOTE: Please be sure your department has staff available to make necessary corrections to deposits January 4, 2022.