As of July 1, 2019, the following changes are being made to the Purchasing Card Program:
The Purchasing Card Reconciliation due date will change from the fifth to the 10th of each month. This provides additional time for cardholders and departments to reconcile their purchasing card transactions. With this extension, it is recommended that Non-Travel Reports include all monthly transactions, not just the transactions in the U.S. Bank statement cycle.
Purchasing Card applicants will have additional options for single transaction and monthly credit limits. The standard limits will remain at $5,000 for both single and monthly. A high limit option for both will be available at $10,000. Other limits are still available with justification. Current cardholders can request limit changes by completing a Card Maintenance Request Form.
For more information on the Purchasing Card Program and Chrome River, visit the Accounts Payable webpage under “Information for Employees.” All forms are available on the Accounts Payable webpage under “Forms.”