Purchasing Card Program - Receipt Retention
Receipts will no longer be required for P-Card purchases from Level 3, Contracted suppliers under $1,000. Although it continues to be a best practice to retain all receipts when possible, we realize that some departments may have deliveries spread to various locations throughout the campus, making it hard to collect all receipts and packing slips for receipt reconciliation. The program does not apply to purchasing card expense transactions under $1000 incurred on Grants, contracts and other sponsored agreements (Fund 500 budgets).
Under this program, receipts under $1000, from Boston College’s Contracted Level 3 (transactional detail providing) suppliers will no longer be required. These vendors include:
|Federal Express||Express Mail Provider|
|Fisher Scientific||Primary Lab Supply Provider|
|WB Mason||Office Supplies|
Because these vendors supply purchasing card item detail information (level 3 information) into PeopleSoft, the information on what items were delivered can be found using the PeopleSoft query BC_PCARD_LEVEL3_ALL. Departments can run this query as needed to share with cardholders and supervisors. This does not eliminate the need to reconcile your bank statements to PeopleSoft.
Please supply any questions or comments regarding this program to firstname.lastname@example.org.