Overview of revolving funds. How they work and what they are for. Instructions and forms for opening a new revolving fund. List of approved Banks.
How to submit a reimbursement request. Allowable expenses. Documentation.
Custodian's reponsibilities. How to manage a revolving fund. Separation of Duties. Fraud. Fund verifications.
Recommendations and procedures manuals for accounting programs. Canceling/voiding/staledating checks. Deposits, refunds and rebates. Advancing funds to an employee.
Instructions for closing a revolving fund account.