Petty Cash Purchases
Purchasing and Payment Processing
View policy pdf: Petty Cash Purchases Policy
A petty cash fund is established through an advance of funds by the Bursar and Treasury Services Division. Departments can seek approval to establish a petty cash fund to handle small, unanticipated purchases from suppliers when immediate payment is required and other University of Georgia purchasing and payment processes are impractical or cannot be used.
All petty cash purchases must adhere to University of Georgia purchasing policies and procedures. Petty cash purchases may only be made for purchases not exceeding $2500.00 when payment in full is made at the time and initial point of delivery. Colleges/Units/Departments; may, at their discretion, establish, maintain, and grant exceptions to Petty Cash limits lower than $2500.
Please note: Petty cash should not be used for purchases when a procurement card, purchase order, or payment request can be used.
Responsible University Senior Administrator: Vice President for Finance & Administration
Responsible University Administrator: Procurement Officer
Policy Owner: Procurement
Policy Contact: Robert Currey
Phone Number: 706-542-2361
Date Issued: 07/01/2020