Title: (Optional) Identify the steps in preparing and making a bank deposit.
Course: Medical Assistant I (14151-I) > Section: Managing Financial Transactions

Identification should include the following:

- Completing a deposit slip.
- Calculating the amounts of cash, coins, and checks.
- Endorsing checks.
- Reviewing all checks and money orders for accuracy.
- Calculating the total deposit.
- Obtaining a deposit receipt.

Identification of types of adjustments made to patients’ accounts could include

- non-sufficient funds (NSF) status
- collection agency transaction
- credit balance
- third-party payments.

Process/Skill Questions:

- What information is included on a bank deposit slip? Why is accuracy important in each area?
- What are safety issues to consider when handling large sums of money?
- What ethical issues are involved with handling large sums of money?