CASHNet Deposit Preparation

Checks - An adding machine tape must be included whenever 2 or more checks are included on a single deposit. Be sure the tape shows a clear at the top. No more than 100 or so checks should be on a tape. The checks must be submitted to us in the exact order as they appear on the tape.

Bills / Coin - Cash is reported and summarized entirely separate from checks. Bills should all be facing the same direction and grouped by denomination. All denominations except for $1 bills are banded by groups of $500. $1 bills are banded by groups of $50. For convenience, yours as well as ours, currency should be paper-clipped by groups of $100 for $5, $10 and $20 bills and by groups of $25 for $1 bills. By doing this periodically, you know at the end of the day they have been counted and can simply band or count them by group during the balancing process.

When bundled, there are two options for preparation of your bills and coin. You may input the breakdown of your bills and coin in the CASHNet system when preparing your deposit online. If this is not done, then an adding machine tape must be included summarizing amounts by denomination. This tape must show a clear at the top. When a coin envelope is used, it too needs an adding machine tape summarizing the coin contained in the envelope. Again, the tape must show a clear at the top.