Tracking Deposits and Cash Shortages

If the Lessor Provides Start Bank 

• At the end of each day, the lessor or a lessor’s employee records the “daily net from POS report” on Worksheet EGD - Electronic Game Deposit.
• The organization designates a person (may be an organization employee or volunteer, the lessor, or one of the lessor’s employees) to deposit the cash. 
• The amount deposited must equal the sum of the “daily net from POS report” amount for the previous day or days (no cash shortages). Do not deposit amounts from a partial day’s activity. 
• The organization is able to monitor each day’s net receipts remotely and compare these amounts to the cash deposited into the gambling account. 
  

If Organization Provides Start Bank 

• LG861e Daily Cash Bank Accounting for Electronic Pull-Tabs and Electronic Linked Bingo is used to track shortages and deposits. 
• One line on the form is completed for each day’s activity. 
• The amount deposited must equal the sum of the “cash from game proceeds” amount for the previous day or days. Do not deposit amounts from a partial day’s activity. 
• The organization designates a person (may be an organization employee or volunteer, the lessor, or one of the lessor’s employees) to deposit the cash. 

Contact your Compliance Specialist with any questions. 

Frequency of Deposits

Deposits for electronic gambling net receipts at a premises are required within four business days of when the cumulative total net receipts reach $2,000, and within four business days of the first day of the next month. Be sure to secure your cash in a safe until deposited. For more information refer to “Depositing Electronic Game Income”. 

Cash Long or Short: 

• Organization Provides Cash Bank. The total cash long or short taken from the LG861e Daily Cash Bank Accounting for Electronic Pull-Tabs and Linked Bingo is reported on the LG100A, Line 22. 
• Lessor Provides Cash Bank. There will be no cash long or short amounts. Deposits made during the month must equal each day’s net receipts.