Petty cash policy

[account]

Advance Cash

• Fill up the petty cash request form to request advance cash.
• One copy of petty cash request form must be submitted to account department and another copy will be kept by the one requesting.
• The petty cash form has to be attached together with supportive documents (receipts, invoice, milage) and must be submitted within one week, otherwise the next advance request will not be approved.

Miscellaneous (Monthly claim such as client activity, entertainment, office purchase, general factory & etc)

• All monthly claim must be submitted before or on 5th every month.
• 20% from total amount of monthly claim will be deducted for those who submitted late or did not follow the date of claim submission.
• The amount of monthly claim above RM 500 will be transferred by online

Mileage, Company Car Service & TNG

• All mileage, company car service and Touch & Go claims must get approval from Zahid before submitting to account department.
• Calculation of mileage = distance (KM) x RM 0.56 (updated December 2020)

Food Allowance

• Packing or Production Supervisor can claim directly from Account Department, two times per week (Monday and Thursday)
• Meals budget allocation = RM 7.50 - RM 10 per person

Medical Allowance

• Medical allowance given for confirmed staff is RM 280 per person.
• No amount limit of claim for each medical fee receipt as long as medical allowance still have balance.
• Exceeding medical fee will be deducted two times yearly (June and December).

Electricity (Hostel)

• Company will bear RM 70 of hostel electricity bill. The balance of amount will be paid by workers.

Handphone Allowance

• Total claim of manager level is RM 150.

Grab (Go to Clinic)

• The grab receipt must get approval from HR Manager (Mrs. Chandra) before submitting to account department.