Any changes to a Petty Cash Fund or Change Fund (referred to as Cash Funds throughout this directive unless specifically indicated otherwise) must be communicated to Banking & Merchant Services. This includes changes to the location of the fund, custodian of the fund, ChartField information, people with access to the fund and an increase or decrease to the fund.
Banking & Merchant Services is responsible for the stewardship of the University’s cash and investments, including Cash Funds. This directive provides assurance that Cash Funds will be authorized, well-safeguarded, and appropriately used.
All University departments.