Effective September 1st: New PCard Regulation, Proof of Purchase & PayPal

News

Published: 1Sep2021

This email is sent on behalf of Julie Ghayad, Director Systems and Transactions Services

To all Finance users

As communicated earlier this summer, the new PCard Regulation takes effect today, September 1st. We’d like to remind you that a proof of purchase (including name of the supplier, full description of what was purchased and the amount) is now a mandatory requirement for all PCard transactions and must be uploaded at the time of reconciliation.

Since the proof of purchase is now a mandatory requirement, PayPal is no longer considered a prohibited transaction.

 

This email will also be sent on the PCard listserv.

 

Need HELP?

Contact the Finance Help Desk: Fishelp.acct [at] mcgill.ca () | 514-398-3463

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