Only one Voucher covers all Purchasing Card transactions each month. Provides users speed and control of low-dollar purchases. Less costly and time-consuming compared to other methods Purchasing cards are issued to individual staff members through their employing departments, with the individual's and department's signed agreement to observe specific rules and procedures. After the newly issued cards have been received in Purchasing, Accounts Payable and Purchasing staff will notify the new cardholders and provide them with a Procurement Card Manual and training in the rules and procedures. B. Miscellaneous Accounts Payable Processes 1.
Vendors are in the local geographical area.
Departments must fill out the LSO form completely and follow the instructions provided on the form. Accounts Payable audits and processes payments in the same manner as other Low Dollar Transactions. The use of LSO's is being discontinued and replaced with other procedures. Freight Paytech processes and pre-audits The University's freight bills. They're a leading provider of electronic transaction processing services and software, specializing in accounts payable, and streamlining freight invoice processing.