Fast Offerings used to pay deposit

Discuss questions around local unit policies for budgeting, reconciling, etc. This forum should not contain specific financial or membership information.
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Joined: Mon Dec 28, 2009 2:19 pm
Location: Mesquite, Nevada, United States

Fast Offerings used to pay deposit

Postby daveywest » Thu Aug 09, 2018 12:31 pm

Preparing for an upcoming audit, I preselected expenses to test. One expense noted the payment was a utility deposit. I believe I've seen something in the past that says FO payments should not be made for deposits. Besides the guidelines in HB1 5.2.3 and 5.2.4, can anyone point me to a policy statement about using fast offering funds to pay deposits?

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