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FLORIDA DEPARTMENT OF JUVENILE JUSTICE INTEROFFICE MEMORANDUM DATE: TO:Finance & AccountingFROM: SUBJECT: Card Contract Summary Form (This is to be used for the State Purchasing Card only on Direct
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How to fill out subject p-card contract summary

How to fill out subject p-card contract summary
01
To fill out the subject p-card contract summary, follow these steps:
02
Start by gathering all the necessary information related to the p-card contract, including the contract number, date, and parties involved.
03
Clearly state the purpose and scope of the contract summary.
04
Include details about the terms and conditions of the p-card contract, such as the duration, payment terms, and any termination clauses.
05
Describe the rights and responsibilities of both parties involved in the contract, including the cardholder and the issuer.
06
Clearly specify the cardholder's obligations, such as maintaining accurate records, reporting lost or stolen cards, and complying with any applicable policies or procedures.
07
Include any applicable fees or charges associated with the p-card contract.
08
Clearly state any provisions regarding liability and indemnification.
09
Include any additional provisions or clauses that are necessary or relevant to the specific p-card contract.
10
Review the contract summary for accuracy and completeness before finalizing it.
11
Obtain signatures from the relevant parties to acknowledge their agreement to the p-card contract summary.
Who needs subject p-card contract summary?
01
Various parties may require a subject p-card contract summary, including:
02
- Government agencies or organizations that issue p-cards to their employees
03
- Cardholders who need to understand the terms and conditions of their p-card contract
04
- Legal departments or professionals responsible for reviewing and approving p-card contracts
05
- Auditors or compliance teams who need to assess the adequacy of p-card contracts
06
- Procurement or finance departments involved in the management of p-card programs
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What is subject p-card contract summary?
The subject p-card contract summary is a document that provides a detailed overview of credit card transactions made on a procurement card (p-card), including expenditures, vendor information, and the purpose of purchases.
Who is required to file subject p-card contract summary?
Individuals or departments that utilize a procurement card for business-related purchases and are accountable for financial reporting are required to file the subject p-card contract summary.
How to fill out subject p-card contract summary?
To fill out the subject p-card contract summary, gather all relevant transaction data, including dates, amounts, vendor names, and purposes of expenditures, and input this information into the designated fields of the summary form.
What is the purpose of subject p-card contract summary?
The purpose of the subject p-card contract summary is to offer a transparent account of p-card usage, ensuring compliance with financial regulations and facilitating the tracking of government spending.
What information must be reported on subject p-card contract summary?
The information that must be reported includes transaction dates, amounts, vendor names, descriptions of goods/services purchased, and any applicable tax information.
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