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Title: Policy and Procedures for Sundry Fund Management Department: PHS Finance Applies to: All PHS Affiliates Approved by: Peter Marvell, VP for Finance Approval Date: July 2006 Effective Date: July
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What is sundry fund?
Sundry fund is a miscellaneous fund that is used to manage small expenses or unforeseen costs in an organization.
Who is required to file sundry fund?
The individuals or organizations who are responsible for managing finances and expenses in an organization are required to file sundry fund.
How to fill out sundry fund?
To fill out sundry fund, you need to gather all the miscellaneous expense receipts and categorize them according to their nature. Then, you have to enter the details of these expenses in the appropriate sections of the sundry fund form.
What is the purpose of sundry fund?
The purpose of sundry fund is to account for and manage small expenses that are not covered by regular budget allocations. It provides a mechanism to handle ad-hoc expenses and ensures financial stability in an organization.
What information must be reported on sundry fund?
The sundry fund report typically requires information such as the date, description, amount, and purpose of each miscellaneous expense. Additionally, any supporting documents or receipts should be attached to substantiate the reported expenses.
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