The University of Toledo

General Accounting : Temporary Change Fund

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Temporary Change Fund

A Temporary Change Fund, as its name implies, is to be used strictly for purposes of making change (such as in the sale of tickets).  Normally such a fund is of a brief duration, and is to be returned to the University as soon as its purpose is fulfilled. 

Change Fund

A Change Fund is to be used strictly for the purpose of making change in ongoing business enterprises at the University such as the Casher's Office or Candy Counters.

A Change Fund is not to be used as a Petty Cash Fund.

 

 

 

 

 

Page updated: May 06, 2008
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