I. OBJECTIVE
1. To provide guidelines on the proper receiving or transfer of money and other tangible things within and outside the office
II. DEFINITION OF TERMS
(Not Applicable)
III. GENERAL POLICIES
INTERNAL
Office employee who turns over or transfer money or company supplies or asset to another employee must produce a receiving form or medium to be signed by the recipient. If it is money, Cash Pull-Out Slip could be used. If it is another tangible item, Pull-Out Receipt could be used.
Both parties must sign in the form, the issuer and the receiver, for proper documentation and monitoring of transaction. Forms used in this transaction must be filed for reference.
EXTERNAL
Transfer of money or company supplies to outside parties must be properly received by producing a receiving form or medium to be signed by the recipient. If it is money, Cash Pull-Out Slip could be used. If it is another tangible item, Pull-Out Receipt could be used. Both must have an attached Transmittal Slip, also to be signed by the recipient.
IV. PROCEDURE FLOWCHART
Flowchart Title
(Not Applicable)
V. REFERENCE/INTERFACE PROCESS
Document Title
(Not Applicable)
VI. FORMS AND RECORDS
Form Title
1. Cash Pull-Out Slip
2. Pull-Out Receipt
3. Transmittal Slip
