What is the minimum required amount for a unit's daily bank deposit?

The minimum required amount for a unit's daily bank deposit is set at $100. This amount is established to ensure efficient financial management and reporting practices within USPS operations. By having a consistent minimum deposit amount, USPS can streamline its cash handling processes, reduce the number of deposits, and minimize the risk of cash loss or discrepancies in accounting. It promotes a standardized approach across all postal units, helping ensure that funds are secured and accounted for in a timely manner. A minimum deposit threshold also alleviates some operational burdens by aligning daily activities with banking schedules, which can help maintain overall financial discipline in the organization.