Preparing a Bank Deposit
Deposits in the bank protect currency, coins, and checks. When you deposit money, you need to fill a deposit slip (also called a deposit ticket). It contains a detailed record of the deposit made by the depositor. The deposit slip is retained by the bank, and serves as a basis for the entries made on the bank records.
The process for writing a deposit slip is as follows:
- Enter the date on the date line.
- Enter the total amount of currency and coins in the currency line.
- List checks separately by ABA numbers.
- Add the amounts and enter the total amount in the total line.
- Arrange the checks in the order listed on the deposit slip.
- Hand over the deposit slip, cash, and checks to a bank teller.
- Verify the deposit, deposit slip, and issue a receipt to the depositor. This receipt may be a machine–printed form or stamped and initialed by the teller (Banker).