Trend: This issue indicates a recurring delay in cash management practices.
List: Ensure timely deposits, review cash handling procedures, and implement reminders for future deposits.
Finding Text
Surplus cash was not deposited into the Residual Receipts account within 90 dasy.
Corrective Action Plan
Management Agrees with the finding. The residual receipts account deficiency was funded on May 31, 2025 in the amnount of $37,787. Management will ensure that the residual receipts account is properly funded in the future.