How To: Assign a Temporary Custodian During Planned Absence
Who does this? Petty Cash Custodians
When? For brief absences of more than two weeks, the Petty Cash Custodian (with the Department Head's approval) may assign a temporary custodian to be responsible for the fund.
Note: If the custodian's absence will be less than two weeks, it is recommended that the fund be secured and no reimbursements should be allowed during this time.
How? By contacting Financial Support Center (3-2772)
Assign a Temporary Petty Cash Custodian During Planned Absences (4 steps)
The Petty Cash Custodian identifies a temporary custodian and gains approval from the Department Head for the temporary arrangement. The temporary custodian must complete the petty cash training and associated certification test before assuming the responsibility of the fund.
Note: For longer absences when it is likely that the petty cash fund will need to be replenished, the Department Head must notify the Financial Support Center of the temporary custodian. Without this notification, replenishment checks will automatically be made out to the regular custodian and cannot be cashed by the temporary custodian.
The temporary custodian completes the Petty Cash Online Tutorial, and completes and submits the associated quiz.
Prior to the Custodian's absence, he/she reconciles the petty cash fund with the temporary custodian:
Note: See How To: Reconcile a Petty Cash Fund.
- Both the temporary custodian and regular custodian must sign a copy of the reconciliation form as a receipt.
- The regular Custodian retains the receipt.
When the regular Custodian returns, both custodians reconcile the petty cash fund again:
- The regular Custodian signs a copy of the reconciliation as a receipt.
- The temporary custodian retains the receipt.
Note: The regular Custodian should notify the Financial Support Center (3-2772) of his/her return if Travel and Reimbursement Department was temporarily making checks payable to temporary custodian during his/her absence.
What Happens Next?
- The Temporary Custodian resumes responsibilities for Petty Cash until the Regular Custodian's return.
- Financial Support Center (3-2772)