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Procurement Card Statement January 2017 CardholderMerchantPurchase DateAcademy for Technology & AcademicsSUNOCO 0838040400 QPS1/3/201711.00Academy for Technology & AcademicsLOWES #017051/9/2017571.72Academy

How to fill out procurement card statement

How to fill out procurement card statement

1. To fill out a procurement card statement, follow these steps:
2. Gather all your procurement card receipts and invoices for the reporting period.
3. Start by writing the reporting period on the statement, usually the month and year
4. Enter your name and department information. This will ensure the statement is properly attributed to you.
5. Fill in the date of each transaction and the corresponding vendor or merchant.
6. Enter a brief description or purpose for each transaction.
7. Write the total amount spent for each transaction.
8. Calculate and write the subtotal for all transactions.
9. If applicable, include any taxes or additional charges.
10. Deduct any returns or credits for a net total.
11. Include any additional supporting documentation, such as receipts or invoices, with the statement.
12. Review the completed statement for accuracy and completeness.
13. Submit the filled-out procurement card statement to the appropriate department for processing and approval.

Who needs procurement card statement?

1. Any individual or department who uses a procurement card for purchasing needs to fill out a procurement card statement. This includes employees who make purchases on behalf of the company using a procurement card, as well as the finance or accounting department responsible for tracking and reconciling the procurement card transactions.

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What is procurement card statement?

The procurement card statement is a document that provides a detailed record of transactions made using a procurement card, typically issued to employees for purchasing goods and services.

Who is required to file procurement card statement?

Employees who are issued procurement cards are required to file a procurement card statement.

How to fill out procurement card statement?

To fill out a procurement card statement, one must carefully review and record all transactions made using the procurement card, providing details such as date of purchase, vendor name, amount spent, and purpose of the purchase.

What is the purpose of procurement card statement?

The purpose of the procurement card statement is to track and monitor expenses made with the procurement card, ensuring transparency and accountability in spending.

What information must be reported on procurement card statement?

The procurement card statement must report details of each transaction made using the card, including date of purchase, vendor name, amount spent, and purpose of the purchase.