Trend: This could lead to cash management issues and potential compliance risks.
List: Ensure timely deposits moving forward and review procedures for handling surplus cash.
Finding Text
Surplus cash was not deposited into the Residual Reciepts account within 90 days.
Corrective Action Plan
Management agrees with the finding. The residual reciepts accouNT Deficiency was funded on August 26, 2025 in the amount of $22,779. Management will ensure that the residual receipts account is properly funded in the future.