The State of Maryland has implemented a purchasing card program to help agencies obtain small dollar value items in a more efficient and cost effective manner. All College employees may apply for a purchasing card by completing the Purchasing Card Application. Approval by the appropriate Budget Manager and the Purchasing Card Program Administrator is required before the issuance of any cards.
Use of Cards
Specific restrictions apply to some Merchant Category Code Groups (MCCG). These codes are established by VISA and are utilized to organize vendors into broad categories. These restrictions are determined by GAD and are not revocable by the College. Some examples are:
- MCC 6100 through 7033 Service Providers: Financial Institutions, Securities Brokers;
- MCC 7221 through 7299 Personal Service Providers: Photographic Studios, Beauty and Barber Shops, Shoe Repair-Shine Shops, Funeral Services, Dating and Escort Services, etc. Exception: MCCG 7296 – clothing, costume and uniform rental is allowed;
- MCC 7832 through 7999 Amusement & Entertainment: Motion Picture Theaters, Bowling Alleys, Video Game Clubs, Betting, Golf, Recreation Services, etc.;
- MCC 5812 Eating Establishments (Restaurants, Bars, Taverns, Lounges);
- MCC 5814 Fast Food Restaurants;
- MCC5921 Package Goods Stores (beer, wine, and liquor);
In addition to the above, the following is a listing of other uses for which the Corporate Purchasing Card may NOT be used:
- Contracted Services–1099 Vendors (unincorporated service providers), i.e. honorariums;
- Cash Advances/money orders/gift cards are strictly prohibited;
- Fines – Fines and tickets may not be paid with the card.
Monthly Cardholder Documentation
A VISA statement will be sent to each cardholder after the billing period ends on the 25th of the month. The cardholder is responsible for reconciling the VISA statement, preparing the Cardholder Activity Log, attaching all original receipts, signing and submitting it to their authorized reviewer. The approved activity log with attachments shall then be forwarded to the Business Office within seven (7) business days of receipt of the statement.
All charges and credits on the VISA statement MUST be recorded on the Activity Log Sheet which will include the transaction date, merchant name, description of item purchased, quantity, and the amount.
- Appropriate budget numbers with object code MUST be provided for each purchase and credit.
- The VISA statement MUST to be signed by the cardholder AND the approving budget manager.
- Original documentation is required for all purchases and credits. Acceptable documentation must show what was bought and how much was spent. Examples would be as follows:
- Itemized sales slip showing what was bought and the purchase price of an item or
- Itemized packing slip showing the purchase price of an item or
- Itemized cash register receipt showing the purchase price of an item or
- Itemized repair order showing the purchase price of an item
- Itemized hotel/motel receipt showing all charges associated with the stay. A reservation confirmation is not acceptable.
If any documentation is missing, reasonable attempts MUST be made to obtain a copy of the appropriate documentation from the vendor. If unsuccessful, a Transaction Problem form should be completed to document any missing receipts and attached to the activity log.
A pattern of missing documentation or the turning in late of a completed activity log to the Business Office will result in the loss of Corporate Purchasing Card privileges.
- The card vendor (US Bank) will reissue cards every thirty-six (36) months.
- Purchasing card accounts that have no activity for 12 months will be evaluated for their necessity.
- When a cardholder takes a sabbatical from the College, their purchasing card will be suspended temporarily while they are away from campus. The cardholder is to notify the Purchasing Card Program Administrator upon their return to campus so their card can be reactivated.
Every effort should be made to secure all purchase card account number information. This includes reports, statement packing slips, and receipts.
US Bank monitors card activity for possible fraudulent charges made to an account. If there are questionable charges, US Bank will notify the cardholder to resolve the fraudulent charges and issue a replacement card.
Lost or Stolen Cards
The College reserves the right to collect from a cardholder the cost of any improper purchases that are not in accordance with the policies and procedures of the College or the State. The collection may be accomplished through payroll deduction or any other collection process.