Get the free Discretionary Spending Approval Form - dfa.cornell.edu

Cornell University Discretionary spending approval for orders over $50,000. Please fill out all fields completely. Unit Name: Funding Source: Approved by Dean/VP: Requested by: Phone: Email: Essential

How to fill out discretionary spending approval form

How to fill out discretionary spending approval form

1. To fill out a discretionary spending approval form, follow these steps:
2. Obtain a copy of the discretionary spending approval form from the appropriate department.
3. Read the instructions or guidelines provided with the form to understand the requirements for approval.
4. Start by entering the date and your personal information in the designated fields of the form.
5. Provide details about the purpose of the spending and the items or services to be acquired.
6. Include estimated costs and quantities, if applicable.
7. Indicate the budget code or account to be charged for the expenditure.
8. If necessary, attach supporting documentation such as quotes, invoices, or receipts.
9. Review the completed form to ensure all necessary information is provided and accurately entered.
10. Sign and date the form, and obtain any required signatures from supervisors or managers.
11. Submit the form to the appropriate authority or department for review and approval.
12. Keep a copy of the filled-out form for your records.
13. Remember to follow any additional instructions or procedures specific to your organization.

Who needs discretionary spending approval form?

1. The discretionary spending approval form is typically required by employees or departments within an organization who need to request funds or approval for non-budgeted expenses.
2. This may include project managers, department heads, or any individual authorized to make spending decisions that require additional approval beyond regular budgeted allowances.

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What is discretionary spending approval form?

A discretionary spending approval form is a document used to request permission for expenditures that are not part of a mandatory budget, typically requiring justification and approval from higher authority.

Who is required to file discretionary spending approval form?

Individuals or departments seeking to allocate funds for discretionary spending outside of regular budget allocations are required to file this form.

How to fill out discretionary spending approval form?

To fill out the form, provide relevant details such as the purpose of the expense, estimated costs, justification for the spending, and obtain appropriate signatures from supervisors or managers.

What is the purpose of discretionary spending approval form?

The purpose of the form is to ensure that all discretionary expenditures are properly vetted, justified, and authorized before funds are allocated, promoting financial accountability.

What information must be reported on discretionary spending approval form?

Required information typically includes the requester's name, department, description of the expenditure, estimated costs, justification for the request, and any relevant attachments.