Trend: This could indicate a pattern of delayed deposits.
List: Ensure timely deposits moving forward and review procedures for handling surplus cash.
Finding Text
Surplus cash was not deposited into the residual receipts account within 90 days.
Corrective Action Plan
Management agrees with the finding. The residual receipts account deficiency was funded on March 31, 2025 in the amount of $44,988. Management will ensure that the residual receipts account is properly funded in the future.