Chapter 2. Accounting Services
Section 2.8. Accounts Receivable

2.8.6.1. Refund Bank

Refund Bank: A cash bank maintained to make vending sales returns or allowances. There will be one Refund Bank for each type of vending.

In-house vending will use the regular Change Bank and is to be replenished each time a sales report is compiled.

The Refund Bank for contracted vending is to be determined by and replenished by the vendor. The telephone vendor handles its own refunding.

Contact Accounting Services by calling 7-2436 to make a sales return/allowance.