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Authorisation above certain transaction values 3.
Company credit card policy template australia. Businesses use company credit cards to manage small to medium-size expenses relating to the maintenance and development of the company. This Company Credit Card Policy includes the following matters. The Foundation Designee will notify the credit card issuer of the loss of the credit card.
There are some words you need to fill in such as specifying the name of your company and identifying the person or department to whom receipts must be given. Credit Card limit 4. The Penalties for Misuse.
Developing a credit policy is important for establishing proper financial controls. Every person who has a card must understand their obligations to the credit card company. If you need help review these tips.
This audit examined the credit card policies and procedures training activities and monitoring and control arrangements of the Australian Public Service Commission the Fair Work Ombudsman and the Department of Immigration and Border Protection. The final thing you should include in your policy is a clear explanation of any penalties for misuse of a corporate credit card. It will open as a PDF document that you can edit.
It should be used for reference only and it doesnt take into account all national federal or local laws. Payment terms will vary from business to business and generally refer to the payment methods you will accept whether you provide credit and the terms of credit and your debt collection policies. This is a handy policy which has been prepared to outline an Employees use of an issued Company Credit Card protecting your business against misuse and theft.
Our company may provide employees with credit cards that can be used for business-related. The credit card will be returned Insert company name upon any notification of resignation and the cardholder must reconcile all expenditures on the credit card since the last credit card statement. Policy brief purpose.
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