Finance is implementing updates to the P-Card reconciliation process beginning July 16. These changes are intended to improve the timeliness, accuracy, and transparency of financial reporting in Banner.
P-Card transactions will now post to Banner weekly, and transactions that have not yet been fully coded and approved will temporarily appear in the cardholder’s home Fund/Org under an Unreconciled P-Card Charges account. Once the transaction is properly coded and approved, Finance will move it to the correct FOAP.
These updates will primarily affect P-Card holders and supervisors who approve P-Card transactions. P-Card holders and approvers will receive a more detailed message with specific instructions—including receipt requirements, reconciliation expectations, office hours, and upcoming training opportunities.
Thank you for your partnership as Finance works to support more timely and accurate budget and reporting information across the College.
Best regards,
