Units that want to do this are sometimes developing this tracking locally. Need to build in capability to maintain an audit trail. Sixteen sites on campus using them, one hundred cards in circulation. Vendors like it because they get paid within seventy-two hours, don't have to do invoicing. Would cut down on invoices handled by Accounts Payable.
Vendors send charge slips to originating bank daily.
Business units may want to edit transaction record to show different class code, fund, etc. The software allows for that. If business units don't want to handle this level of detail, they don't have to, the payment loop runs automatically once the default codes are set up on a particular card. Shows up on next Accounting Control Ledger Sheet. Can pull reports off the system.