All
campuses and many departments have petty cash checking accounts
established at our depository bank for use by the campus
administrator for the purpose of making purchases that are of the immediate nature
on each campus. A new school or department may request a petty cash checking
account, although no campus or department will be required to do so. This
account will function similar to petty cash. It will be used primarily for
small purchases and reimbursements generally under $500. Local Maintenance
(199), Activity (461) and Agency (865) fund account codes may be charged
and reimbursed through Lawson.
The use of Federal Funds
and/or ARRA Funds is not allowed for Petty Cash or Petty Cash Checking.
