Examples of Cash Float in a sentence
Heads of Schools/Institutes and Directors of Professional Services are responsible for the safe keeping of the Petty Cash Float.
Replenishment of the Petty Cash Float will be undertaken after the balancing and reconciliation of the Petty Cash register has been checked and approved by the Chief Financial Officer or Manager: Expenditure.
Petty Cash Float shall be reimbursed by means of an uncrossed cheque where such replenishment will be approved by Chief Financial Officer or Manager: Expenditure.
The objective of this policy is to regulate the use of Petty Cash Float within Bitou Municipality and to ensure that in disbursing Petty Cash funds the Municipality is within the ambit of Municipal Finance Management Act (MFMA), 56 of 2003.
Income received must not be paid into the Petty Cash Float but must be separately banked, as provided elsewhere in these regulations.