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PAYMENT CARD LOG Agency/Business Unit: For the Period: Cardholder Name: TRANSACTION DATE PHONE Y/N through Employee ID: VENDOR NAME CONTACT PERSON PHONE NUMBER Cardholder Signature and Date DESCRIPTION
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What is payment card log?
Payment card log is a record of all transactions made through payment cards such as credit cards and debit cards.
Who is required to file payment card log?
Businesses that accept payment cards as a form of payment are required to file payment card logs.
How to fill out payment card log?
Payment card logs can be filled out manually or using accounting software. The log should include details of each transaction made using a payment card.
What is the purpose of payment card log?
The purpose of the payment card log is to track and report all transactions made through payment cards for accounting and tax purposes.
What information must be reported on payment card log?
The payment card log should include the date, amount, type of transaction, cardholder name, and card number.
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