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Get the free AUTHORISATION OF EXPENDITURE FOR THE PERIOD 01 FEBRUARY 2024 TO 29

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ORDINARY COUNCIL MEETING AGENDA 11.223 APRIL 2024AUTHORISATION OF EXPENDITURE FOR THE PERIOD 01 FEBRUARY 2024 TO 29 FEBRUARY 2024Attachments:1. 2. 3. 4. February 2024 Payments by EFT and Payroll February
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01
Obtain the authorisation of expenditure form from the appropriate department or office.
02
Fill in the required details such as date, name of the account holder, amount to be spent, purpose of expenditure, etc.
03
Provide any supporting documents or justification for the expenditure if required.
04
Get the form signed by the relevant authorities or supervisors as per the approval process.
05
Submit the completed form to the finance or accounting department for processing.

Who needs authorisation of expenditure for?

01
Any individual or department within an organization that is responsible for making financial transactions or spending company funds may need authorisation of expenditure.
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Authorisation of expenditure is a process used to ensure that funds are allocated and approved before they are spent, helping to maintain financial control and accountability.
Typically, organizations and entities that are managing public or institutional funds are required to file authorisation of expenditure to ensure compliance with financial regulations.
To fill out an authorisation of expenditure, one must provide details such as the purpose of the expenditure, the amount, the budget code, the date of request, and any necessary documentation to support the request.
The purpose of authorisation of expenditure is to verify that expenses are justified, planned within budget, and aligned with the organization's financial policies.
The information that must be reported includes the item or service being purchased, the amount requested, the reason for the expenditure, and relevant budget code.
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