The Office of Cashiers manages student account billing and collection, cashiering services, refund processing, and third-party/sponsor billing. We make sure your financial information is accurate, billed in a timely manner, and refunded in accordance with MU policy.
If you have questions about your student account or the processes we handle, visit our Ask Cashiers portal to submit your question online.
Student Accounts
Student Accounts is an office within the Enrollment Services department that provides customer service and counseling to students and parents with billing, payments, tuition and fees, payment plans, company deferments, online payments, and tax documents for students. They also coordinate payments made to the student account, scholarships from outside sources, and refunds when there is a credit on the student account.
Banks, credit unions, and other financial institutions often offer checking or savings accounts specifically for students that have special features designed to meet their specific financial needs. These accounts may have reduced fees or other benefits, like free ATM withdrawals and budgeting tools.
The best student accounts have a high level of convenience and offer mobile banking, easy transfers, and spending insights. They can also be linked to a savings account, so you can save money and earn interest on it.
However, it’s important to be aware of the fine print of any account. For example, some banks charge maintenance fees or minimum balance fees for savings accounts that have a low balance. So it’s best to shop around for the best rates on student accounts and look for banks that don’t charge any maintenance or minimum balance fees.
Cashiering
A cashier is a retail professional who scans items, ensures prices and quantities are accurate, collects payments, issues receipts, answers inquiries and assists customers. They also process returns and exchanges when necessary.
Cashiers handle large amounts of cash every day, so they need to be honest and reliable employees who are trustworthy with sensitive payment details. They also need to be able to work well with a variety of people and interact with customers in a friendly manner.
A Cashier can work in a wide range of establishments, including grocery stores, banks, casinos, and sports arenas. They typically use cash registers to ring up purchases, but they may also handle other tasks such as stocking and inventory checks. They often report directly to a Store Manager or Assistant Store Manager, but some may work under a Head Cashier or other team leaders who monitor their performance.
Collections
The MU Cashiers Office oversees several key functions, including student account billing and collection, cashiering services, refund processing, and third-party/sponsor billing. We also maintain a large variety of electronic documents that serve as reference points for assisting our students, staff, and faculty.
There are many opportunities to make a difference in the MU Cashiers Office. One of the most exciting is the opportunity to provide customer service and support the student experience in an environment that promotes financial stewardship.
The MU Cashiers Office handles all cash receipts, including coins, currency, checks, money orders, and ACH. Its controls and procedures are designed to maximize the use of cash funds, ensure the physical security of cash and record the receipt of cash to ensure accurate financial data.
Payroll
Payroll is a process that all businesses must run in order to pay their employees. It involves calculating wages, taxes, and deductions; and then disbursing those funds to employees.
Having the right payroll system can save a business money, but it also ensures that employee payments arrive on time. Some systems offer same-day or next-day deposit options, as well as features for managing time and attendance and salary structure.
The most crucial aspect of payroll management is ensuring that the correct amounts are paid to each employee on time, with all necessary tax and deductions taken out. This requires accurate data entry and can be difficult to perform manually.
If you are interested in a career in payroll, consider getting certified to become a practitioner or manager in this field. It will help you develop your skills and hone your problem-solving abilities to keep your employer’s finances running smoothly. Strong math skills are also important in this role.
