Responsibility of Accounts Payable
The Accounts Payable Office is responsible for reviewing payment requests prior to processing to ensure:
All required signatures are on the request;
Requests contain proper index and account coding; and
Payment is reviewed and processed within the payment terms.
Responsibility of Internal Audit Team
The Internal Audit Team is responsible for conducting an annual review for compliance with this policy.
STATUTORY OR REGULATORY REFERENCES:
Model Procurement Code
KAR 745 1:060