ACU petty cash floats
Published: Wednesday 10th December 2014
Dear ACU Staff,
I would like to advise of a change with ACU Petty Cash Floats, which will reduce the number of Petty Cash Floats on Campus from 50 down to approximately 10 floats. Currently, petty cash floats are maintained in Directorates, Schools, Institutes and Portfolios of the University and are administered in accordance with University policies and procedures.
The rationalisation of these floats around the University, has been taken to reduce the risk of cash across the University and with an intention to move closer to a cashless campus. This change will be phased in, with floats identified to be removed, to be completed by Christmas.
Finance will coordinate with the current holders of petty cash floats to organise a smooth transition of remaining floats back to Finance. Staff will continue to be able to access petty cash, predominantly through the Finance Office on each campus.
Should you have any question or concerns about the new change, please feel free to contact us.