Accounts Receivable – Employee Receivable Policy

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This policy outlines the requirements for approving, processing and collecting employee receivables.

According to this sample, all expenditures resulting in employee receivables, with the exception of routine purchases (e.g., safety shoes, glasses, postage) must be approved by the employee’s supervisor or authorized individual as dictated by the location. In addition, employees must make payments to the company to satisfy employee receivables immediately upon receipt of a bill from the company. The employee’s immediate supervisor should be responsible for ensuring that such claims against employees are satisfied.

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