Amend Department of the Treasury regulations to authorize the use of the purchase card for cash advances. By May 1994, the Secretary, Department of the Treasury, should amend regulations to authorize use of the purchase card for cash advances. The authorization should be limited to employees who currently serve as imprest fund cashiers. The card should be coded so only authorized employees many obtain cash advances. These employees could go to a local bank to obtain cash as needed instead of holding cash in imprest funds and filing vouchers to replenish the imprest fund. Documentation for cash expenditures can be processed as a normal part of the monthly reconciliation and payment of the purchase card bill. This will improve cash management and reduce paperwork and administrative controls associated with maintaining imprest funds.
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