Description
Compile, verify, and record cash, check, ACH, and wire deposits. Prepare deposit slips and batches, post receipts to accounts, reconcile daily totals with bank confirmations, resolve exceptions, and maintain compliant deposit records.
- • Verify accuracy of deposit data and correct errors.
- • Verify endorsements, signatures, amounts, and required fields on checks.
- • Prepare deposit slips and batch summaries for cash, checks, and electronic payments.
- • Post deposits and cash receipts to customer and general ledger accounts.
- • Operate check scanners, encoders, calculators, and deposit software.
- • Reconcile daily deposit totals to bank confirmations and system postings.
- • Research and resolve out-of-balance conditions and deposit discrepancies.
- • Contact customers or internal teams to obtain remittance details or clarify allocations.
- • Review remittance advices, lockbox images, and payment files to determine posting.
- • Maintain logs and archives of deposits, receipts, images, and supporting documents.
- • Route deposit confirmations or receipts to customers or internal departments.
- • Monitor scanning and encoding equipment for proper operation.
- • Clear minor equipment jams and request service for major issues.
- • Open, sort, and tally mail-in deposits and night drop deliveries.
- • Encode, endorse, and image checks using bank equipment.
- • Apply bank and company policies, including Reg CC holds and deposit limits.
- • Match payments to invoices, contracts, or account numbers to apply cash accurately.
- • Calculate and post discounts, deductions, short pays, and adjustments per remittance.
- • Import and post ACH, wire, and credit card settlements.
- • Prepare and secure bank deposit bags for courier pickup or branch delivery.
- • Generate daily balancing sheets and deposit activity reports.
- • Answer inquiries about deposit status, posting dates, and procedures.
- • Update procedures and manuals when deposit rules or bank requirements change.
- • Create cash receipt batches and adjustment entries.
- • Perform general administrative tasks, such as answering phones and ordering supplies.
- • Process returned items and charge-backs; notify customers and adjust accounts.
- • Place or release deposit holds according to policy.
- • Safeguard cash and checks and maintain chain-of-custody controls.
Related specializations
Interview options
Interview options
Interviewee gender
Interviewee accent
Interview time
Related Pathways
Financial Services
View
Source
Tasks & skills:
O*NET occupational data (work activities, skills, knowledge).
Learn more
Sources & Standards:
This site includes information from O*NET by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license. Career Clutch has modified some of this information for student readability. USDOL/ETA has not approved, endorsed, or tested these modifications. O*NET® is a trademark of USDOL/ETA.
Last reviewed: Jan 2026
