Policy: Purchase card
Financial Accountability Instructions
Accountable Authority Instructions
- The Purchase Card must be used within any limits imposed by the University's Delegations Framework.
- Prior to using the Purchase Card, Purchase Cardholders must ensure that the proposed commitment:
- complies with all applicable legislation, University policies and procedures;
- is necessary to provide for the functions of the University;
- is an efficient, effective, economical and ethical use of University resources;
- if applicable, complies with grant terms and conditions.
- ANU Purchase Cards must not be used for personal or non-allowable transactions.
- Accidental personal use must be identified and repaid in accordance with the Purchase Card Procedure.
- An acquittal of the previous month’s Purchase Card transactions must be completed within ten (10) business days of each month end, in accordance with the Purchase Card Procedure.
- Purchase Card Approvers must review the acquitted Purchase Card transactions within fifteen (15) business days of each month end, in accordance with the Purchase Card procedure, and approve or resolve acquitted transactions, as appropriate.
Responsibilities of Purchase Cardholders and Purchase Card Approvers
- Purchase Cardholders and Purchase Card Approvers have a number of responsibilities, as detailed in the policy, the Purchase Card procedure, the Cardholder Agreement and other published guidelines.
- The University expects the highest standards of accountability for the use and management of public resources. Purchase Cardholders and Purchase Card Approvers play a crucial role in achieving this standard of accountability, necessary to minimise risk and protect and preserve the University’s reputation.
- Misuse of the ANU Purchase Card, including non-compliance with this policy, the Purchase Card Procedure, Cardholder Agreement and Guidelines, and wilful and repeated failure to complete the acquittal process and review, approve or resolve acquittals of Purchase Card transactions is a breach of the ANU Code of Conduct and will be managed in accordance with the Misconduct, Serious Misconduct and Suspension Procedure.
- The Purchase Cardholder is responsible for reimbursing the University for all charges that are considered as misuse of the Purchase Card.
Finance and Business Services Responsibilities
- The Finance and Business Services Division has responsibility for regularly reviewing compliance with this policy, Purchase Card Procedures, Cardholder Agreement and other published guidelines.
- The Finance and Business Services Division regularly reviews Purchase Card transactions, and where necessary will reduce Purchase Card limits, cancel cards and seek repayments where misuse or risk of damage to the University’s reputation is identified or suspected. Suspected misuse of the Purchase Card is managed in accordance with the Misconduct, Serious Misconduct and Suspension Procedure.
Delegations relevant to this policy
- 000220: Finance Delegation: Authority to purchase goods and services (including the signing of related purchasing contracts) within budget limit.
|Printable version (PDF)|
|Purpose||To inform users of the University corporate purchasing card facility, and its associated obligations.|
|Audience||Staff, Students, Affiliates|
|Topic/ SubTopic||Finance - Purchasing|
|Effective Date||7 Dec 2020|
|Next Review Date||6 Dec 2025|
|Responsible Officer:||Chief Financial Officer|
|Contact Area||Finance and Business Services|
Public Governance, Performance and Accountability Act 2013
Public Governance, Performance and Accountability Rule 2014
Information generated and received by ANU staff in the course of conducting business on behalf of ANU is a record and should be captured by an authorised recordkeeping system. To learn more about University records and recordkeeping practice at ANU, see ANU recordkeeping and Policy: Records and archives management.