Imagine are an office manager. You have been tasked with creating a new policy by merging and updating two office financial and collection policies. Policy 6.9, Managing Incoming Cash & Policy 13.19, Payment Plans.

Summary indicating what updates made to the newly merged policy and indicate why it's an improvement from the previous two versions.

POLICY:

Policy Summary:

Policy:
EffectiveDate: 04/26/23
Date LastReviewed: 04/26/23
Scheduled ReviewDate:04/26/24
Supersedes: N/A
Approvedby: K.G.

PURPOSE:

SCOPE:

POLICYSTATEMENT:

DEFINITIONS:

RESPONSIBILITIES:

REFERENCES:

QUESTIONS:

PROCEDURE (ifapplicable):