Business and Financial Policies and Procedures
 

Reconcile Change Funds Daily

Before You Begin

The change fund custodian must ensure that the fund is reconciled daily.

Begin

To reconcile a change fund:

  1. The custodian subtracts the amount of the original change fund from the cash received that day.
Do not use the change fund to resolve overages and/or shortages in the cash sales or money received.

 

Additional Resources

USFSCO Petty Cash & Change Funds

 

Last Updated: October 21, 2011 | Approved: Senior Associate Vice President for Business and Finance - February 2008