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° <br /> r a <br /> ;b OTHER NATTERS <br /> DRAFT <br /> A. Selectmen's Office Control of Cash Receipts <br /> Testing of internal controls regarding the collection of receipts in the <br /> selectmen's office was limited because: <br /> 1) We were unable to identify the source of the cash on hand <br /> of $1,256. 10 for December 15, 1988. Monies had been <br /> received for liquor licenses and miscellaneous items however, <br /> no receipts had been completed and copies of the license <br /> Applications were filed by business name instead of date paid. <br /> 2) The selectmen's office does not maintain a cash book for the <br /> recording of daily receipts. <br /> DRAFT <br /> 3) Receipts are not issued for photocopying fees. <br /> In order to maintain control over departmental receipts and cash an hand, we <br /> elieve that certain accounting and reporting guidelines need to be followed. <br /> ecommendations <br /> In order to better maintain control over cash receipta ,and provide an audit <br /> rail for testing of internal controls, we recommend the following <br /> 1) The use of a prenumbered duplicate receipt book for all fee@ <br /> collected; wherebythe receipt given the name of the person <br /> or business from whom the funds are received, date of recaipt, <br /> amount and purpose. <br /> 2) Miscellaneous fees,, such as those collected for phot000pying, � <br /> could be recorded an a log sheet ahoving date reaeivod and amount. <br /> 3) Copies of the prenumbered receipta and log oh@ot should he <br /> reconciled to the Schedule of Departmental payment@ to the Treaaurer . <br /> prior to the turnover of calea8 <br /> DRAFTf <br />