{"id":24494,"date":"2026-04-13T08:14:38","date_gmt":"2026-04-13T12:14:38","guid":{"rendered":"https:\/\/units.cals.ncsu.edu\/business-operations\/?p=24494"},"modified":"2026-04-13T08:30:26","modified_gmt":"2026-04-13T12:30:26","slug":"update-daily-deposit-threshold-change","status":"publish","type":"post","link":"https:\/\/units.cals.ncsu.edu\/core-support\/news\/update-daily-deposit-threshold-change\/","title":{"rendered":"UPDATE: Daily Deposit Threshold Change"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">On March 31, 2026, the Cashier\u2019s Office updated the\u00a0<a href=\"https:\/\/docs.google.com\/document\/d\/167r-tAb_iGx0Rgp19f-QYwF7Iwz85wkhWx0QqQUi7-A\/edit?tab=t.0\" target=\"_blank\" rel=\"noreferrer noopener\">Departmental Deposit Guide<\/a> to reflect the new deposit threshold limit, which requires that all revenues and receipts of <strong>$500<\/strong> or more collected by a state agency be deposited <strong><em>no later <\/em><\/strong><em><strong>than\u00a0<\/strong><\/em><strong><span style=\"text-decoration: underline\">the next business day following the date of collection<\/span><\/strong>, with limited exceptions.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">NC&#160;State has established the following guidelines:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>When<strong> $500<\/strong> or more has been collected, a deposit must be made <em>within one business day<\/em>.\u00a0<\/li>\n\n\n\n<li>A deposit must be made<em> at least once per week<\/em>, even when less than <strong>$500<\/strong> has been accumulated.\u00a0<\/li>\n\n\n\n<li>A deposit must be made<em> at the end of each month<\/em>. If a month ends during the middle of a week, a deposit should be made before the month-end,<strong> <\/strong>regardless of the total accumulated amount.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Please note<\/strong> that the threshold amount previously shared in the March Newsletter and at the CALS Finance Forum meeting on March 31, 2026, is no longer valid. The updated threshold and timeframes should be followed going forward.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For additional details, please refer to the updated Departmental Deposit Guide and university regulation:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/docs.google.com\/document\/d\/167r-tAb_iGx0Rgp19f-QYwF7Iwz85wkhWx0QqQUi7-A\/edit?tab=t.0\" target=\"_blank\" rel=\"noreferrer noopener\">Departmental Deposit Guide<\/a>\u00a0\u00a0<\/li>\n\n\n\n<li><a href=\"https:\/\/policies.ncsu.edu\/regulation\/reg-07-30-02\/\">REG 07.30.02 \u2013 Receipt Centers \u2013 Deposit of Funds<\/a>\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">If you have questions or would like to schedule a training session for departmental deposit submissions, please reach out to Beth Rosen, CBO Accounts Receivable Team Lead.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On March 31, 2026, the Cashier\u2019s Office updated the\u00a0Departmental Deposit Guide to reflect the new deposit threshold limit, which requires that all revenues and receipts of $500 or more collected&hellip;<\/p>\n","protected":false},"author":41,"featured_media":24495,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_tec_requires_first_save":true,"ncst_dynamicHeaderBlockName":"","ncst_dynamicHeaderData":"","ncst_content_audit_freq":"","ncst_content_audit_date":"","_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"_tribe_blocks_recurrence_rules":"","_tribe_blocks_recurrence_description":"","_tribe_blocks_recurrence_exclusions":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[24,31,23],"tags":[],"class_list":["post-24494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounts-receivable","category-business-services","category-cbo-news"],"displayCategory":null,"acf":[],"_links":{"self":[{"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/posts\/24494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/comments?post=24494"}],"version-history":[{"count":3,"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/posts\/24494\/revisions"}],"predecessor-version":[{"id":24499,"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/posts\/24494\/revisions\/24499"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/media\/24495"}],"wp:attachment":[{"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/media?parent=24494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/categories?post=24494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/tags?post=24494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}