UNIVERSITY OF VIRGINIA
          FINANCIAL AND ADMINISTRATIVE PROCEDURES MANUAL



TITLE:  PREPARATION OF DIRECT DEPOSIT              PROCEDURE:  4-10
        SLIP FOR BANK DEPOSITS                                     
                                                                   

Policy Reference:              IV.D.1

Form:                          Bank Deposit Slip

Obtain Blank Forms From:       Bursar's Office, Cashier Section,
                               Carruthers Hall, 924-4265

Forward Completed Forms To:    Wachovia Bank with deposit

Purpose

This form is used to deposit receipts directly into Wachovia
Bank and to record entries in the University Financial
Accounting System.

Special Instructions

Please type or print legibly the information needed on the deposit
slip below. 

Completion of Form

A.    The numbered items on the sample form should be completed as  
      follows:

 1.   Leave blank.

 2.   Date of deposit.

 3.   Department name (in 24 spaces).

 4.   Optional 9-digit departmental identification number.

 5.   List all University Financial Accounting System 11-digit
      account numbers in this column.

 6.   In this column list the dollar amount to be deposited to each 
      account number.

 7.   Total amount of the dollars listed in column 6.

 8.   Total amount of checks to be deposited.  An adding machine
      tape (of the checks) must accompany the deposit to the bank.

 9.   Total amount of currency to be deposited.

10.  Total amount of coin to be deposited.                         
                                                                   
11.   Total of deposit.  The sum of 8 , 9 , and 10 , must equal
      amount in 7.

12.   Signature of the person who prepared the direct deposit slip.

13.   Signature of the person who verified the direct deposit slip. 
      Should be a different person from the one who prepared the
      deposit.

B.   Distribution of Copies:

          White - kept by bank
          Pink - kept by bank
          Yellow - returned to department after validation

C.    All checks deposited must be restrictively endorsed as
      follows:

                 For deposit only to within named
               payee/fund of The Rector and Visitors
                   of the University of Virginia
               Department of_______________________
                       (Department FAS No.)

 Endorsement must appear within the first 1 1/2 inches of the
 check's trailing edge.

See also Procedure 4-13, "Endorsing Checks."

D.    The Deposit Control Number, which is preprinted on each
      direct deposit slip, is unique to each department.  Therefore
      only use your deposit slips and do not exchange with other
      departments.


                                                                   
ISSUED BY:                                                 07/17/89

University Bursar             4.10.2