POLICY
30 May 2024
Expense Management
The Accounts Payable policy has been updated to align with the requirements of the Procurement Methods policy on micro-purchasing (purchases below $5,000). These purchases now require a PO in line with the requirements stipulated in Procurement Methods Policy (paragraphs 18 - 23).
13 December 2023
The Prepayments policy and the Create Prepayment procedure have been updated to reflect the recent technical solution in Quantum which has resolved double encumbrance of resources in the processing of prepayments.
9 June 2023
The policy and the procedures have been updated to reflect UNDP's transition to its new cloud-based management platform Quantum in January 2023, replacing its previous ATLAS system.
4 May 2023
The policy and the procedures have been updated to reflect UNDP's transition to its new cloud-based management platform Quantum in January 2023, replacing its previous ATLAS system.