What documentation is required for all purchases according to SWLCAT procurement policy?

The procurement policy emphasizes the importance of meticulous record-keeping for financial accountability and auditing purposes. Invoices and receipts serve as crucial documentation that verifies the details of each transaction. Keeping these records ensures transparency and allows for the tracking of expenditures, compliance with budgetary constraints, and auditing processes.

While other options might include necessary documentation or processes relevant to purchases, invoices and receipts are universally required, as they authenticate the completed transactions and provide evidence needed during audits. This focus on retaining these documents highlights the policy’s commitment to maintaining integrity and accuracy in financial management.