Presented by the SLiCE Office - 491-1682 Student Organization Accountants

Michele Frick – 491-0642 Diana Saylor – 491-1653

Contacts PCARD Website

www.purchasing.colostate.edu/PCard.html Program Administrator – John Swaro

491-7812

Purchasing Card Commercial

MasterCard Designated from

state for small dollar purchases

1. How to Obtain a P CARD

2. How to Use a P CARD

3. Special Rules for P CARD Use

4. Violations and Inappropriate Items

5. Corrective Action

6. How to Become a Certified P CARD User

Requirements Must be a registered student organization and

have a SOFA Account File a Request for Financial Document Form

Designate dollar amount Designate vendor Turn in at least 2 business days before desired

purchase Treasurer

Only designated officer or user Trained Signed Card Holder Agreement Pass P CARD Test

Confirm your Student Organization has funds to pay for purchase

Select appropriate vendor Accepts MasterCard Allows tax exempt purchases

Pick up P CARD from SLiCE office Obtain card with tax exempt card if applicable Sign P CARD out by designated officer Designated officer makes purchase and

obtains receipts Return P CARD

In appropriate time With appropriate receipts

Overnight Use Applicable if:

Event is taking place after business hours Event is taking place over the weekend

Requirements Must receive special permission from accountant Must return by 9:00am the following day

Vendors and Dollar Amount Only purchase from vendor designated on

Request Form Only dollar amount on Request Form may be

spent

Hospitality Use of the P CARD for FOOD The state has only designated 2 Cards to

the office Limited Use

Possibility of not obtaining the card Prepare before hand

Give more than 2 Days notice to insure P CARD

A detailed receipt Order form Invoice showing

credit card payment

Email confirmation

A packing slip

Contact vendor immediately to provide

Unavailable Documentation Form

Considered a violation if not corrected

Inspect goods promptly

Contact merchant immediately with problems

Keep detailed notes on problems

Personal purchases Cash or cash type Split purchases Inappropriate items

Signed contracts Travel Gas Furniture Alcohol Guns or ammunition

Reason for corrective action: Use of card for inappropriate item Use of card by non-designated person Card not returned on time Card used for more than designated amount Card used at a non-designated vendor

Corrective Action Student Organization will lose privilege of P CARD Violation Warning Form Possible action with state personal in audit

Student organization has full liability for all purchases made before card is reported stolen

Notify Michele 491-1682 JP Morgan 1-800-316-6056 P CARD Administrator 491-7812

Cardholder agreement Acknowledge attendance at training Agree to abide by all terms in Source

P CARD Test 10 Question test - must pass with 80% to

be certified user

Submitted by treasurer

PRINT & TURN IN: Agreement P CARD Test

Last two slides of presentation

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P CARD TESTCircle the best answer 1) You have been authorized a P-CARD to use at

Safeway. May you use the same card during the same check out at Home Depot, as well?A) YesB) No

2) Is tax included in a P-CARD purchase?A) YesB) No – you must request a tax-exempt purchase

3) If you spend more than what was authorized on the Request Form with a P-CARD; who is responsible for the difference?A) The credit card gods B) The universityC) The SLiCE officeD) You are personally liable

4) Whose money is spent by using the P-CARD?A) The universities B) Your Student OrganizationsC) Your Aunt SallysD) SLiCE’s

5) How many days notice must you give the SLiCE office to use the P CARD?A) NoneB) One weekC) A yearD) 2 business days

6) Can you use the P-CARD overnight? A) No B) Yes, with authorized permission C) Yes, you can keep the card as long as

you want D) None of the above7) Which of the following may you use a P-CARD

to purchase?A) A gift cardB) FlowersC) Soda D) Alcohol

8) Who is authorized to use the P-CARD?A) Any officer of the student organizationB) The treasurerC) Any member of the student organizationD) More than one of the above

9) What amount of money may you use the P-CARD for?A) Any amount as long as receipt is brought backB) Authorized amount on Request FormC) Less than $500D) None of the above

10) If you desire to use the P CARD for hospitality; what should you do to insure you can obtain the card?A) Nothing moreB) Give more than 2 days noticeC) Designate on Request Form

D) Both B and C

  

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Colorado State University is pleased to provide you with the Purchasing Card. The card represents the University’s trust in you to safeguard and protect its assets.I, ________________________________________, acknowledge receipt of a University Purchasing Card, card number stu org custodial card.As a cardholder, I agree to comply with the terms and conditions of this Agreement. I acknowledge receipt of the Purchasing Card Program Cardholder’s Handbook and agree to comply with the terms and conditions in it and subsequent revisions. I understand my department is liable to JP Morgan Chase for all charges made by me. I also understand that any unallowable sponsored program charges made by me are the liability of my department.As the holder of the Purchasing Card, I accept responsibility for the protection and proper use of the card as outlined in this Agreement and the Cardholder’s Handbook. I will protect the card at all times to prevent its unauthorized use. I understand that the use of this card is subject to an audit at any time and that I cannot use this card for personal purchases or the prohibited transactions listed in the Cardholder’s Handbook. If the Purchasing Card is lost, stolen, or compromised in any manner, I will immediately advise JP Morgan Chase (800.316.6056) for cancellations purposes) and will notify the PCARD Program Administrator.I understand that the card is the property of the University, assigned to me by my Department, and that in the event of willful or negligent default of these obligations, the University shall take any recovery action deemed appropriate and permitted by law. Upon transfer from my Department or termination of employment with the University, I agree to return this card to my department Approver.APPLICANT:_______________________________ ______________________________Signature Date________________________________ ______________________________Print Name CSU ID#________________________________ ______________________________Department Name/Student Organization Campus/Cell Phone #________________________________ ______________________________Campus Address E-Mail AddressOriginal to Program Administrator1 signed copy to Cardholder1 signed copy to departmentTrainer Signature _____________________________________Date: ____________________________ U:\Acctg.Techs do not remove\PCard Holder Agreement 08 2

Purchasing CardCardholder Agreement