Policies and procedures influence and determine major actions and processes throughout an organization. These policy and procedure samples can be used to review and update existing documentation or to create new documentation to promote the conduct and consistency of authorized activities.
We offer over 300 policies and procedures that offer a wide range of support. Some of KnowledgeLeader's most popular policies and procedures are listed below. For a full list of available items, visit our Policies and Procedures content area.
INVENTORY AND MATERIALS MANAGEMENT POLICY SAMPLES
Inventory Policy
This tool contains two sample policies that outline guidelines and accounting policies to ensure that inventory is properly controlled and valued and that losses or shortages are prevented. It applies to all inventory items, including raw materials/parts, work-in-progress, and finished goods and consigned inventory.
Sales Commissions Policy
The purpose of this policy is to establish accountability for setting commission rates and to define the point at which commissions are considered earned. This policy applies to all sales personnel eligible to earn commissions on sales. This policy states that sales commission rates be set by the president in consultation with the sales manager.
ACCOUNTING/FINANCE POLICY SAMPLES
Inventory Cycle Count Policy
Use this Inventory Cycle Count Policy to maintain a high level of inventory record accuracy within your organization. In this policy, it is the responsibility of the corporate controller to determine those operating units in their group that would benefit from a cycle counting program and to work with operating management and the unit controller in the timely and effective implementation of such a program.
Intercompany Accounting Policy
This tool contains three sample policies that outline guidelines and procedures related to intercompany transactions. Intercompany accounting is designed to allocate assets, liabilities, revenues and expenses to the appropriate legal entity in relation to the economic benefits and obligations associated with the operational activity incurred.
FINANCIAL REPORTING POLICY SAMPLES
Non-Routine Transactions Policy
This tool contains two policy samples that establish uniform procedures for identifying and recording a company’s non-routine transactions. In these samples, each plant controller is responsible for identifying non-routine transactions. All non-routine transactions should be formally documented in writing and forwarded to either the corporate controller or CFO upon occurrence.
Customer Master File Maintenance Policy
The purpose of this policy is to establish the guidelines for setting up new customers and modifying existing customer information in company systems. This document outlines steps for new customer setup requests, rush setup requests and customer information changes. This policy applies to all employees responsible for the initiation and execution of changes to the customer master file in the ERP system.
CASH AND TREASURY POLICY SAMPLES
Accounts Receivable Policy
This tool contains two sample policies that establish procedures to ensure consistency in a company’s accounting treatment of receivables. This includes guidelines focused on how and when to reserve a receivable, write off a receivable and recover a receivable. Accounting is responsible for maintaining accurate records within the accounts receivable function and ensure that proper internal controls are maintained.
Corporate Treasury Policy
This sample policy establishes guidelines for company activities related to bank accounts, wire transfers of cash, short-term investments of surplus funds, financing, foreign exchange exposure and risk (insurance) management. Adherence to these policies and procedures will help ensure that cash, investments and other cash-related assets are adequately controlled and safeguarded, and that foreign exchange, property and casualty, and other exposures are effectively managed.
CREDIT AND COLLECTION POLICY SAMPLES
Invoicing Policy
The following sample outlines a set of policies and procedures for invoicing customers and issuing invoice corrections. It applies to all customer service department personnel responsible for invoicing customers. This policy is not applicable to any type of customer credit or debit memo or any corrections associated with those credits and debits. Customer service supervisors and managers are responsible for ensuring compliance with this policy.
Sales Process Policy
This tool contains three sample policies that define the general sales approach to assist in sales personnel’s understanding of promotional frameworks. In these samples, the company does not support high-pressure tactics, sales gimmicks, games or similar techniques and company sales representatives should always keep in mind that the ultimate objective of their work is to identify and satisfy our customer's needs and to earn their repeat business.