Income and Expenditure

134 Income

• All receipt forms, books, tickets etc. shall be in an official form.  Income stationery should be stored securely.  The security of stationery is subject to internal audit inspection.
• The Section 151 Officer must be provided with details relating to work done, goods supplied or services rendered or other amounts, to enable the sums due to the Council to be recorded correctly and to ensure accounts are sent out promptly.
• Services must assist the Section 151 Officer in collecting debts that they have originated, by providing any further information requested by the debtor, and in pursuing the matter on the Council’s behalf, including providing evidence in legal proceedings.
• All income must be paid fully and promptly into the appropriate bank account in the form in which it is received.  Income documents must be detailed enough to provide a complete audit trail to the Council’s General Ledger.
• At least two employees must be present when post is opened in departments where income is regularly received so that money received by post is properly identified and recorded.
• Adequate security arrangements must be in operation to safeguard all income against loss or theft, and to ensure the security of cash handling.