UMW Departments may have the need to accept or collect payments within their department or through our third party on-line payment processor, Commerce Manager for events, fairs, conferences, etc. The Department must request and receive approval from the Associate Vice President for Finance and Controller PRIOR to accepting any payments. Written procedures documenting the Department’s process are required and must be reviewed and approved by Finance. Cash Handling Training is provided to the responsible individual(s).
The University’s complete Policy for Handling Incoming Payments can be found on Board Docs.
A current and complete list of Departments approved to handle incoming payments is maintained by Accounting.