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Approvers and Cardholders

 

Placing Orders

 

How does the new destination-based change affect pcard transactions?

To ensure that departments are not paying tax twice on their pcard transactions, it is imperative that both reviewers and approvers review the source document and check the tax box only when a separate charge for tax is on the receipt.

 

For Pcard transactions where sales tax has not been paid and comp tax is due, the Banner System will determine and add use tax to your transaction.

Use tax will be added to pcard transactions when all three of these criteria are true:

  • Tax column was not ticked and left blank on paymentnet.
  • Tax Amount is zero
  • The Account Code is taxable, i.e. not listed on FWANTAX

 

For more information about Use tax click here.

 

For more information about how the pcard download process charges comp tax on pcard transactions, please contact the Pcard desk, at extension 2080.

 

Receipts

 

PaymentNet


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