Treasury Regs on Purchase Card Cash Advances

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.