All University funds must be deposited into an official University bank account. Each deposit is recorded in the accounting system (PS) by using the appropriate form. (Some transactions, such as lockbox and credit cards, are automatically entered into PS via feeders.) The CRR, which replaces the paper Money Received Report (MRR), provides detail on deposits of cash receipts (checks, currency and coin). It is the data source for a process that electronically enters cash receipt transactions into PS. Cash/transfers received that can be matched to a PS invoice should be entered into the ARR system instead of the CRR system.
