Petty Cash Purchases are defined as non-competitive, non-recurring small purchases made with personal funds of a faculty, staff or student employee on a voluntary basis with the purchase subsequently approved by the budget unit for reimbursement to the employee.
Are made voluntarily by a faculty, staff or student employee
Are made in accordance with the Executive Order for small purchases
Are in CASH, but check, credit card or debit card will be processed
Are purchased separate from personal purchases of employees
Are refunded to the employee up to $50 in cash or over $50 by check
Are not subject to reimbursement of sales taxes charged
A purchase ruled outside the scope and mission of the budget unit
Alcoholic beverages
Ammunition/firearms
Animals
Beverages & Water (Only Coca-Cola products acceptable)
Capital equipment with a cost greater than $1,000 (i.e. furniture)
Christmas cards and other similar communications (printing of)
Christmas trees (live)
Entertainment
Fireworks
Flowers
Food & drink not approved under Food Policy
Gifts
Hazardous materials
Meals (see travel and related expenses below)
Medicines/prescription drugs/controlled substances
Office supplies without prior approval by Purchasing
Registration fees for meetings (see travel and related expenses below)
Purchase in excess of $1,000 (individually or in total)
Radioactive material
Travel and related expenses (use expense account form)
Water & Beverages (Dasani & Evian labeled bottled water acceptable)
The University is exempt from state and local taxes for bonafide University purchases authorized by the Purchasing Department. Petty cash purchases represent an expenditure that would otherwise not be taxable with a Purchasing Department approved purchase requisition or purchase order. All petty cash purchases are considered a voluntary decision on the part of the employee. Petty cash reimbursement shall not mean or imply the employee is acting as an authorized agent for the University for future purchases. All sales taxes shown on a bonafide receipt shall not be reimbursed in whole or in part. Employee understands this policy and agrees to its conditions.
Petty cash purchases should be limited to instances when the urgency of the need does not permit contacting the Purchasing Department or facilitates submission of a purchase requisition.
Petty cash purchases are to be submitted for reimbursement within (10) days of the purchase date identified on the receipt. Any reimbursement request received in excess of (30) days of the purchase date or after April 15 of the applicable fiscal year may be denied.
Will be reimbursed by University check upon transmittal of an approved Supplier Invoice Request and attached receipt(s) along with any applicable support to the Controller’s Office. Receipt(s) must identify items purchased.
Petty Cash Purchases may not be subdivided into two or more Supplier Invoice Requests to facilitate a cash reimbursement. Repeated attempts considered to artificially divide reimbursements for a cash reimbursement by a budget unit will be forwarded to the budget unit’s respective Vice President. See petty cash purchases over $50.
Will be reimbursed by University check upon transmittal of an approved Supplier Invoice Request and scanned receipt(s) along with any applicable support to the Controller’s Office. Receipt(s) must identify items purchased.
Reimbursement in excess of $50 may take up to a (30) day payables processing time. Budget unit or employee shall not phone, email or visit the Purchasing Department or Controller’s Office regarding status of a petty cash reimbursement unless (30) days has elapsed since submission of a complete reimbursement package by the budget unit.
All petty cash reimbursement requests are subject to Fiscal Year-End Deadline or other funding deadline requirements.
Complete Supplier Invoice Request marking the appropriate purchase description. In the Additional Description area include the Name of the Employee to be reimbursed and employee’s W number. Complete Amount Approved for Payment, Budget Unit Name(s), Budget Unit Number(s) and Expense Account(s) to be charged, secure appropriate Budget Head approval, and if applicable, the approval of Sponsored Research & Programs.
Scan itemized paid receipt(s) or paid identified invoice(s) to the Supplier Invoice Request.
Submit Supplier Invoice Request with attached receipts or paid invoice for review and processing to Controller for reimbursement.
