troubleshooting Question

Internal Control - receipt of checks

Avatar of Jenkins
JenkinsFlag for United States of America asked on
4 Comments2 Solutions189 ViewsLast Modified:
A business unit receives a relatively large volume of checks each day (around a thousand checks a day on average).  In a recent audit, the auditors specified that checks need to be logged upon receipt. Because of the large volume involved, I'm wondering if anyone out there has experience with or is aware of an acceptable alternative (in regard to internal control) to literally manually logging each and every check every day in some sort of a check register.  Doing it that way would be very labor intensive and time consuming.  Thanks.
Log in to continue reading
Become an EE member today7-DAY FREE TRIAL
Members can start a 7-Day Free trial then enjoy unlimited access to the platform for $9.99/mo
View membership options
Unlock 2 Answers and 4 Comments.
Learn why we charge membership fees
We get it - no one likes a content blocker. Take one extra minute and find out why we block content.
See how we're fighting big data
The Value of Experts Exchange in My Daily IT Life

Experts Exchange (EE) has become my company's go-to resource to get answers. I've used EE to make decisions, solve problems and even save customers. OutagesIO has been a challenging project and... Keep reading >>


Owner of Outages.IO
Phoenix, Arizona, United States
Member Since 2016
Join a full scale community that combines the best parts of other tools into one platform.
Unlock 2 Answers and 4 Comments.
View membership options
“All of life is about relationships, and EE has made a virtual community a real community. It lifts everyone's boat.”
William Peck

Member since 2004