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What are the policies of the P-card?

P-Card activities are monitored to make sure that unauthorized goods and services are not purchased. P-Cards used to purchase items that are not allowed will be cancelled. Using the P-Card for personal purchases is prohibited. Repetitive use for such purchases may result in card suspension or revocation.

What is procurement card program?

Purchasing card (also known as procurement card or P-Card) programs provide an efficient, cost-effective method of purchasing and paying for small-dollar and high-volume purchases.

What is the credit limit on P-Card?

The default daily single P-Card transaction spending limit is $9,999.99. Aligning with the non-catalog Requisition limit, the single transaction limit for most Procurement Cards (P-Cards) is $9,999.99.

What is your role in the P-card process?

There are two mandatory roles associated with a Procurement Card, the cardholder and fiscal officer. To meet a proper separation of duties, an individual must not serve more than one role. A proper separation of duties ensures that each persons work acts as a complementary check against the other.

What is the function of P-Card?

A purchasing card (also abbreviated as PCard, P-Card, or ProCard) is a form of company charge card that allows goods and services to be procured without using a traditional purchasing process.

What are the roles and responsibilities of P-Card?

P-Card Roles Responsibilities HOW TO: Pay. PO Payments. Payment Request. Procurement Card. Line Item Receiving. Sales and Use Tax Explained. Special Requests. Reporting.

How do you use a purchasing card?

How do p-card payments work? In essence, purchasing cards work just like any credit or debit card youve used before. They have a card number, expiry date, and CVC code (that three-digit number on the back), and work in-store or online. And importantly, theyre exactly the same for the merchant accepting payments.

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What are the policies of the P-card?

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Get the up-to-date Miami University Purchasing Card Policy & Procedure 2024 now

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How to rapidly redact Miami University Purchasing Card Policy & Procedure online

Complete this form in 5 minutes or less

Got questions?

What are the policies of the P-card?

What is procurement card program?

What is the credit limit on P-Card?

What is your role in the P-card process?

What is the function of P-Card?

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What are the roles and responsibilities of P-Card?

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