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Lockbox

by Mary Pat Whaley | May 12, 2009 | Definitions

A term referring to a service that: collects mail delivered to a special practice Post Office Box (typically only payments) opens the mail and discards the envelopes separates the checks from the accompanying paperwork scans or copies the checks and the accompanying...

Standard Operating Procedure: How To Make A Bank Deposit

by Mary Pat Whaley | Nov 13, 2008 | Day-to-Day Operations, Finance

I am writing this post in response to seeing a lot of questions recently about making deposits.  (If you are looking for information about making personal bank deposits, go to the top of the page and click on the Lexicon and look for “Bank Deposits.”) ...

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