Procedure: 402-Revenue Accounting
Correction of Coding Errors
To correct the coding on a prior deposit use the Receipt or Receipt/Sales Credit Transfer Form and send to Cash Management, 21 N Park St., Suite 6101, Madison, WI 53715-1218.
Processing Refunds of Receipts/Sales Credits
Revenue deposited with the University as a receipt or as a sales credit must sometimes be refunded. To initiate a refund to a source outside of the University of Wisconsin Processing Center, use the "Refund of Receipts/Sales Credits Form", which may be obtained from Accounting Services, 21 N Park St., Suite 6101, Madison, WI 53715-1218. Refunds of receipts or sales credits from sources within the UW Processing Center should be processed on the "Payment Transfer (Non-Salary)" form.
Setting up a Visa/Mastercard Operation
University departments that sell goods and services have an option to accept VISA and MASTERCARD charges in lieu of cash or checks. The department should contact Cash Management to set up a meeting to discuss procedures necessary for establishing a Visa/Mastercard operation for the department. Visa and Mastercard charges can be accepted through the Internet. See UW-Madison Division of Information Technology E-Commerce Service web site at http://www.doit.wisc.edu/web/ecommerce.asp, as well as contacting Cash Management for more information.
Procedure: 402-Revenue Accounting