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PROPOSED Authorization LIMITSAttachment 7.1.3 Limits for Authorizing Expenditure (Revenue and Capital)Scope Currently: Future: Expenditure within approved budgetsAuthority to sign invoice clearing
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How to fill out proposed authorisation limits

01
To fill out proposed authorisation limits, follow these steps:
02
Determine the purpose of the proposed authorisation limits.
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Identify the specific actions or activities that require authorisation.
04
Define the criteria or factors that will be used to evaluate approval or denial of authorization.
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Establish the maximum limits for each authorized action or activity.
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Clearly document the proposed limits in writing, including any necessary forms or documents.
07
Communicate the proposed limits to the relevant stakeholders, such as managers, decision-makers, or financial officers.
08
Obtain feedback and input from stakeholders to ensure the proposed limits align with organizational goals and requirements.
09
Revise and finalize the proposed authorisation limits based on stakeholder feedback.
10
Implement the finalized authorisation limits by updating relevant policies, procedures, or systems.
11
Train employees or individuals involved in the authorisation process on the new limits and any accompanying procedures.
12
Continuously monitor and evaluate the effectiveness of the authorisation limits, making adjustments as needed.

Who needs proposed authorisation limits?

01
Proposed authorisation limits are needed by organizations or entities that require a formal structure for granting permissions or approvals.
02
Examples of entities that may need proposed authorisation limits include:
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- Companies or corporations with multiple departments or business units.
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- Government agencies or organizations with complex approval processes.
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- Financial institutions or banks that need to control financial transactions within specific limits.
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- Healthcare organizations that require authorisation for medical procedures or access to patient records.
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- Educational institutions that need to manage access to resources or facilities.
08
- Non-profit organizations that have specific guidelines for expenditure or budget approval.
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In summary, any organization or entity that needs to establish clear boundaries and controls for authorisation can benefit from proposed authorisation limits.
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Proposed authorisation limits refer to the maximum amount that an individual or entity is allowed to authorize for certain actions or transactions.
Individuals or entities who have the authority to approve or authorize certain actions or transactions are required to file proposed authorisation limits.
Proposed authorisation limits can be filled out by providing the maximum amount that can be authorized for specific actions or transactions, along with any additional required information.
The purpose of proposed authorisation limits is to ensure that individuals or entities are authorized to only approve transactions up to a certain limit, preventing unauthorized actions.
The information that must be reported on proposed authorisation limits includes the maximum authorized amount, the reason for the authorization, and any supporting documentation.
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