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

The minimum amount for a unit's daily bank deposit is $100. This amount is set as a standard to ensure that the deposits are significant enough to limit the frequency of visits to the bank, which helps maintain operational efficiency. By having a higher minimum deposit amount, the business can better manage its cash flow and reduce transaction times at the bank, making it more convenient for employees to handle their banking duties.

Lower amounts, such as $50 or less than that, would lead to more frequent deposits and potentially create inefficiencies and increased workload, while amounts significantly higher than $100 could strain smaller operations. Overall, setting the minimum at $100 strikes a balance between operational efficiency and managing cash flow effectively.