LPC Positive Pay

LPC Positive Pay

Description

LPC Positive Pay is a Financial Application for managing LPC’s. (Limited Purchase Checks)

Navigation to LPC Positive Pay

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Definitions

Limited Purchase Checks allow departments to be able to pay vendors immediately and have more control over petty purchases.

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FBS Training

Training classes are available to learn more about Limited Purchase Checks:

The following documents and web pages have valuable information about Limited Purchase Checks:

Other Resources

The Financial & Business Services Index and Glossary has information about Limited Purchase Checks:

Limited Purchase Checks are highly negotiable and should receive the same precautionary measures as cash (see Policy 3-011).

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