Welcome to The Purchasing Card Training Session Training Session: March of 2012
Purpose
Review policy that describes the general Small
Purchase Charge Card (SPCC) Program guidelines
Reconciliation Process
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Introduction
Cardholders and their supervisors/approvers are responsible
for ALL policies and procedures of the SPCC program and
Manual (ASPM section 10).
Cardholders are responsible for retaining documentation of
purchases and reconciling them, with the aid of the
purchasing card monthly log (p-card log or form 105-024), to
monthly bill statement.
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Spending Limits
Each card has limits per transaction and per month.
Splitting orders to circumvent limits is Strictly Prohibited
and may be cause for card suspension OR cancellation.
Exemption To Limits
Transaction limits may be temporarily increased by the Program Administrator with in advance justification and supervisors approval.
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(This process is under review and may be modified in the near future)
Use of Card - SWaM Vendors
The College is committed to increasing expenditures with
Small, Women-Owned and Minority-Owned businesses
(SWaM).
Cardholders must consider ordering from a SWaM DMBE
certified vendor before utilizing State or Cooperative
contracts within your delegated SPCC limits where
contract usage is not mandatory.
DMBE: Dept. of Minority Business Enterprise
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Examples of Allowable Purchases
Office supplies (furniture is not included)
Books
Magazine & journal subscriptions
Newspaper ads
Conference registrations
Lab supplies
Professional organization dues, fees & licenses
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Restricted Purchases
Accommodations
Car Rental
Gas/Oil
Restaurant/Food
Travel related purchases
Personal (Incidentals) expenses
Entertainment expenses
Cash advance
With a valid written justification prior to the event, some restrictions
may be lifted temporarily by the Program Administrator.
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Returns & Disputes
If there is an error either with the packing slip or the goods
you receive, contact the vendor immediately to resolve.
The vendor must apply the credit back to your Pcard. Do
not accept “Store Credit” Contact your buyer liaison for
guidance in this situation if the vendor won’t issue credit to
your Pcard.
Be sure to document all communication with the vendor.
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Billing Statements Cardholders will receive a statement from BoA each month
unless there is no activity for that billing cycle.
The cardholder can obtain an electronic statement at the
end of each billing cycle by
◦ Logging onto: https://payment2.works.com/
◦ Receive online statements 2-4 days early
The statement is used for your reconciliation process and
must be retained in your possession.
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1. Go to Works (BoA) the day after the cycle close of each month to
access the statement. Otherwise, a paper statement will be sent via mail
from Bank of America (BoA).
2. Reconcile the statement to the p-card log (form 105-024) and
supporting documentation to verify that purchases and returns are
accurately listed on the statement.
3. Document items requiring resolution on subsequent monthly charge
card statements.
4. Forward the monthly statement to your supervisor/approver, along
with the p-card log (form 105-024) and the supporting document for
approval.
5. Email p-card monthly log to [email protected] upon completion.
Reconciliation Process
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Field for approver to print name
Expanded field for PCO number
Revised (new) version of p-card Log (form 105-024)
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Reconciliation Process (cont’d)
Reconciliation & Documentation If an item appears on your log, but not on your statement,
highlight the item and carry it forward to your next
month’s p-card log.
If an item appears on your statement, but not your p-card
log, determine if you were billed in error and contact the
supplier to resolve the issue.
If an item appears to be fraudulent on your statement, you
must contact the BoA and the PA immediately.
Cardholder must keep track of any outstanding items
awaiting resolution until completely resolved and
documented. BoA: Bank of America PA: Program Administrator
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Common Mistakes
The following are the most common mistakes made by
cardholders and/or approvers:
◦ The reconciliation is not completed by the due date.
◦ Monthly Logs are not dated and signed by the cardholder and approver.
◦ Virginia sales taxes are paid to vendors.
◦ The card number is shared/used by someone other than card holder.
◦ Receipts are missing.
◦ Multiple orders are placed in order to circumvent the $5,000 delegated authority
(split order).
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Card Security & Practices
NEVER make a photocopy of your card or fax or e-mail your full card
number.
NEVER purchase personal items.
NEVER purchase gift certificates.
Your card must be kept in a secure but accessible location.
(wallet/purse is not considered a “safe” location)
Access your statement often through BoA Works at
http://payment2.works.com to look for fraudulent charges
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Purchase Card Reconciliation Navigation: Purchasing =>Procurement Cards =>Reconcile =>Reconcile Statement
Many times, your statement will
automatically be retrieved when
you navigate to the Reconcile
Statement Link. If not, then enter
the following information and
press Search to retrieve your
current statement.
Role Name: Reconciler
EmplID: Your EmplID
Card Issuer: B of A Visa- State funds
Billing Date: included in email
notification or search for current
billing date
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Purchase Card Reconciliation (cont’d)
Purchase Details
If one or more of your charges are eVA orders (PO or PCO), click on the check
box next to the line number and then click the Purchase Details link to
OVERRIDE the default code set on the Purchase Card.
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Purchase Card Reconciliation (cont’d)
Purchase Details (cont’d)
To match a PO with a
statement line, complete the
fields listed in the purchase
details form.
Business Unit: NV280
PO ID: PO ID encumbered
for PCO transaction or use
magnifying glass to search for
all PO’s / PCO’s associated
with your p-card.
Leave all other fields
“blank”. Click OK.
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Purchase Card Reconciliation (cont’d)
Purchase Details (cont’d)
If you searched for your PO or
PCO, the Look Up PO ID
screen will appear with a list of
available PO’s and PCO’s.
You will only see and be able
to link PO’s or PCO’s that are
associated with your p-card.
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NV280
Purchase Card Reconciliation (cont’d)
Purchase Details (cont’d)
Once the appropriate
PO/PCO is selected, press
OK and you will be
returned to your purchase
card transactions page and
your charge line is now
linked with your PO/PCO.
NV280
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Purchase Card Reconciliation (cont’d)
Verifying Transactions
As a reconciler, you must change all of your transaction lines to verified to indicate that your
phase of the reconciliation process is complete.
Make sure to click on Select All and Save and wait until the save is complete
before exiting
Click on View All
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Purchase Card Reconciliation (cont’d)
AIS Worksheet
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Enter VX_PCARD_RECON_WORKSHEET in the begins with field and click search.
This reconciliation tool provides a detailed listing of all procurement card
transactions for a specific billing period and PCard.
Purchase Card Reconciliation (cont’d)
AIS Worksheet (Cont’d)
Select the Excel format to run the query.
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Purchase Card Reconciliation (cont’d)
AIS Worksheet (Cont’d)
Always use the magnifying glass to fill out the fields
Procurement Card Number is the number issued by the Program Administrator
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Purchase Card Reconciliation (cont’d)
AIS Worksheet (Cont’d)
This is an example of the AIS Worksheet. This will be used to review and
sign your transactions with your supervisor/approver.
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Purchase Card Reconciliation (cont’d)
Recon Report Navigation: VCCS=>VCCS P-Card=>P-Card Reports=> P-Card RECON Report
Type Recon_report in Run Control ID then click on Search
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Purchase Card Reconciliation (cont’d)
Recon Report (cont’d)
Business Unit: NV280
Billing Date: billing
statement date
Card Issuer: BAST
Procurement Card
Number: Security ID #
assigned to a specific p-card.
This will be provided to each
cardholder and approver.
Then click Run
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Purchase Card Reconciliation (cont’d)
Recon Report (cont’d)
Click on Refresh periodically until you see:
Run Status: Success
Distribution Status: Posted
Then click on the Details Link to access the report.
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Purchase Card Reconciliation (cont’d)
Recon Report (cont’d)
Click on the View Log/Trace Link to access the report.
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Purchase Card Reconciliation (cont’d)
Recon Report (cont’d)
Click on the VXCCRECN ##### PDF Link to view the report. 32
Purchase Card Reconciliation (cont’d)
This is an example of the recon report, include all receipts and supporting
documents for the transactions listed on the report and retain for your
records.
Recon Report (cont’d)
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Violations…What happens?
Violators will have card privileges suspended
and/or permanently revoked in accordance with
the Purchasing Manual (ASPM section 10).
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Program Administrator:
Ann Martin, CPPB, VCO
Phone: 703.323.3737
Alternative Program Administrator:
Samira Mkaimel, Admin & Office Specialist II
Phone: 703.323.3135
For Assistance
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