Get Finance Policy 70201 Expenditure Approval Form - Nbma-amnb

Filling out the Finance Policy 70201 Expenditure Approval Form online is an essential process for ensuring proper expenditure management. This guide will walk you through each component of the form, providing clear and supportive instructions tailored to your needs.

Follow the steps to complete the form effectively.

1. Click ‘Get Form’ button to obtain the form and open it for editing.
2. Fill in the 'Originator' field with your name or the name of the individual submitting the request.
3. Enter the 'Date' when you are filling out the form. This helps in tracking the submission timeline.
4. Describe the proposed expenditure by providing full details of the goods or services you intend to acquire in the 'Describe the Proposed Expenditure' section.
5. In the section titled 'Provide the Rationale for the Expenditure', describe in detail the use of the goods and services and the benefit they will bring to the Association.
6. Suggest potential sources or suppliers of the goods or services in the relevant field.
7. Estimate the expenditure amount by providing your best dollar estimate in the designated area.
8. Indicate when the goods or services are required by filling in the specified date.
9. The 'Executive Director’s Comments and Recommendations' section is where the Executive Director can add their recommendations regarding the budget allocation and whether a bidding process is necessary.
10. In the 'Treasurer’s Comments and Recommendation/Approval' section, remember that for amounts under $500, the Treasurer’s concurrence with the Executive Director will suffice as expenditure approval.
11. If the purchase exceeds $500, the form will need to be forwarded for 'Executive Committee Approval' or as requested by the Executive Director or Treasurer.
12. The last section, 'Final Disposition', is to be completed by the Executive Director, including the date of approval or refusal and issuance of a Purchase Order.
13. After completing the form, be sure to save your changes. You can download, print, or share the form as necessary.

Start completing your documents online to ensure efficient and effective management.