Resource Management 1 ARMY PURCHASE CARD PROGRAM.

Slides:

Advertisements

Similar presentations

Commonwealth of Virginia Purchase Card Program Valerie J Smith, CPCP Assistant Director, Charge Card Administration Department of Accounts.

Advertisements

ARMY TRAVEL CARD PROGRAM

Payment & Remittance Processes

By : Andrea Hairston Penn State Fayette IST 110. Credit cards purchases goods without the immediate use of cash. Receives a bill every month. If not paid,

Federal Acquisition Service U.S. General Services Administration GSA SmartPay2 Basic Charge Card Payment Reconciliation Perry Hampton Bradley Forrestel.

TEST YOUR KNOWLEDGE LESSON 2: IN THE AFTERMATH ABC.

POINT OF CONTACT in RMD/Manpower Analysis Branch Charlotte Pomeroy (703) 588 – 3333 Cubicle 8381

Canadian Public Procurement Council Canadian Forum on Public Procurement September 30 – October 3, 2007.

Understanding Your Credit Card.  More than eight percent of American households owe more than $9,000 on their credit cards.  The average college student.

Credit Cards Credit Cards Mr. Coronado Consumer Ed/C.A.H.

Internal Revenue Service  Anna Crowder  Indian Tribal Governments Specialist  (505)

Procurement Card Program. Overview Certification training is required for all PCard users. PCard users must have a designated reconciler and backup reconciler.

Accountability & Audit Readiness: Sustaining Army’s Strength FY nd Quarter Teleconference Office of the Assistant Secretary of the Army (Financial.

BOFI Federal Bank Good Faith Estimate Guidance and Samples 1.

Credit Card © Family Economics & Financial Education – Updated May 2011 – Credit Unit – Understanding a Credit Card – Slide 1 Funded by a grant from Take.

ABC. Question 1 A deposit account that offers easy access to your money, offers the option to pay bills online or by electronic transfer, and offers the.

Confidential and proprietary to U.S. Bank 1 Corporate Payment Systems Adwebportal Training.

 Credit C.A.R.D. Act – Credit Card Accountability, Responsibility and Disclosure Act  The act was passed to protect consumers from unfair credit card.

United States Department of Agriculture Office of Procurement & Property Management Charge Card Service Center USDA Purchase Card Coordinators Procedures.

Student Activity Training FY15-16 Prepared by: HCISD Accounting Department.

 dvice/glossary.htm dvice/glossary.htm.

7.4.2.G2 Understanding Your Credit Card Essentials Family Economics & Financial Education Credit Cards Essentials Trivia.

HIPAA Revisions! Section 1104 THE PATIENT PROTECTION AND AFFORDABLE CARE ACT February 17, Nachimson Advisors, LLC.

Army WAWF Implementation Update Michelle Woldt Chief, Electronic Commerce Office October 27, 2005.

Managing Your Money Principles of Law Student Name:

Alexa Dhillon PeopleSoft SRM Product Strategy Manager

® Working With Citi Sabrina Dyer Vice President. ® 2 To ensure the best possible learning experience for participants, please adhere to the following.

Reading a Credit Card Statement

Expand the Use of Electronic Commerce between DoD and It’s Suppliers by Reducing Contractor Registration Cycle Time DRO 2000 CD: Chapter 1.01 Total Central.

Photo by Karl Steinbrenner Update on Card Programs Presented By Valerie J Alley, CPCP.

Georgia Institute of Technology Fiscal Year 2008 Year End Town Hall Meeting March 26, am - 11am Student Services Building, Room 117.

Finance & Administration Quarterly Update Business Affairs Update July 26, 2010.

Bank Accounts. Deposit Account: Deposit Account: An account at a banking institution which allows the account holder to deposit money into or withdraw.

For expenditures to be reflected in the FY2012 budget, the goods or services ordered must be received on campus on or before April 30, All documents.

BUDGET – SAVING MONEY.  A BUDGET is a plan for dividing income among spending and saving options.  Most budgets are based on SHORT TERM and LONG TERM.

Banking Savings Checking Credit Cards

E-Rate Training for TASBO Members October 8, 2008 Presented by Susan Sullivan Director of Technology/Media.

Credit Cards. 88 million American households have credit cards Average credit card debt is $9,600 per household.

Federal Acquisition Service U.S. General Services Administration Reporting & Best Practices for the GSA SmartPay® 2 Purchase Card Program Roberto Devarie.

Copyright © 2009, Thinking Media, a division of SAI Interactive, Inc. All rights reserved. The Career Ready 101 logo is a registered trademark and Career.

General Services Administration GSA SmartPay® 2 Background & Recompetition Overview David J. Shea Director, GSA SmartPay® SGTP 2006 Education Conference.

BOFI Federal Bank Good Faith Estimate Guidance and Samples 1.

Building: Knowledge, Security, Confidence Check It Out FDIC Money Smart for Young Adults.

FINANCIAL MANAGEMENT GUIDE © Marin Management, Inc General Accounting Procedures, 7142 Franchise-related Fees A. The Purpose of This Policy The.

How does it work? Explain the process... Is a subset of an e-commerce transaction to include electronic payment for buying and selling goods or services.

Joint Reconciliation Program Video Tele-conference Assistant Secretary of the Army Financial Management and Comptroller Phase II Triannual Review 19 July.

4.1: DEPOSIT ACCOUNTS CHAPTER 4: DEPOSITS IN BANKS.

Department of General Services CAL-Card Program Training

1 Joint Reconciliation Program Video Tele-conference July 17, Assistant Secretary of the Army Financial Management and Comptroller Phase.

BUILDING STRONG ® PORTLAND DISTRICT 1 The Dalles Dam Emergancy AWS Backup Water Supply P&S FFDRWG Meeting, 4 Feb Pat Duyck Project Manager.

City of Key West Stormwater Fund Fiscal Year Half-Year Budget Review April 20, 2010.

NO Credit If an individual has not used credit, they will not have any information in their credit report Not having a credit report can cause an individual.

© Take Charge Today – August 2013 – Understanding Credit Cards – Slide 1 Funded by a grant from Take Charge America, Inc. to the Norton School of Family.

Finance Department Quarterly Report for Period Ending Jan 1, 2014 to Mar 31, 2014.

1 Chapter 10 Cash and cash equivalents. Overview 2 What we will be looking at: - What are “cash and cash equivalents”? - The bank account - Means of payment.

Do Now : Why does the bank issue a bank statement? Homework : Bank statement worksheet Aim : How can we analyze a bank statement?

Primary Care Support Services Finance Process For Payments.

Checking Accounts CheckCheck A written order to pay a stated amount to a person or business Checking accountChecking account  Also known as “demand deposit”

Cash Management Policy

P-Cardholder Training

4.5A Credit card statements

Program Management Report (PMR)

Financial Reporting Process

Program Management Report (PMR)

Wide Area Workflow (WAWF) Overview

MONTH CYCLE BEGINS CYCLE ENDS DUE TO FINANCE JUL /2/2015

4-5 Turn in your 4-4 Worksheet! CREDIT CARD STATEMENT

Presentation transcript:

Resource Management 1 ARMY PURCHASE CARD PROGRAM

Resource Management 2 ARMY PURCHASE CARD PROGRAM Discussion: Secretary of Army Memo Metrics Questions

Resource Management 3 ARMY PURCHASE CARD PROGRAM SecArmy Memo, 28 Jan 03, Subj: Army Charge Card Programs Hold Commanders Accountable for their Purchase Card Programs Effective 1 Feb 03 established program management oversight construct Established program metrics

Resource Management 4 Number of Purchase Card Transactions FY03 Monthly (Thousands) Total in FY03 thru May is 2.9M

Resource Management 5 Purchases FY03 Monthly (Millions) Total in FY03 thru May is $1.9B

Resource Management 6 Army EDI-Enabled Accounts 25,300 total accounts as of May 03 18,630 (74%) EDI – enabled -- EDI allows electronic certification SECArmy goal is for all non-exempt accounts to be EDI-enabled

Resource Management 7 ARMY PURCHASE CARD PROGRAM * To obtain maximum potential rebate -- payments made to US Bank 8 days after the end of the billing cycle.

Resource Management 8 Delinquencies Data Available Thru AKO: 60-day, 90-day, 120-day, etc. and greater 1-30 day delinquencies are inaccurate Army working with US Bank and DoD to correct 1-30 day reports Data available thru CARE is real-time and accurate at MACOM-level and below detail

Resource Management 9 Conclusion Timely Certifications in CARE increase rebates and reduce delinquencies and interest penalties Army and DoD working to ensure US Bank reports accurately capture metrics ASA-FM &C POC is

Resource Management 10

Resource Management 11 Back-ups ARMY PURCHASE CARD PROGRAM Not for discussion during the VTC MACOM numbers are derived by Contract Region and may not reflect true MACOM performance Provided for your information only

Resource Management 12 FY 03 % of Transaction by Month (Oct 02 through May 03) Total Army 2,931,390 ARMY PURCHASE CARD PROGRAM

Resource Management 13 ARMY PURCHASE CARD PROGRAM FY 03 Purchases by Month (Oct 02 through May 03) Total Army $1,899,138,813

Resource Management 14 FY 03 Army’s 1 st Quarter Rebate and File Turn Army file turn standard is 28 days

Resource Management 15 FY 03 Army’s 2nd Quarter Rebate and File Turn Army file turn standard is 28 days

Resource Management 16 ARMY EDI-ENABLED ACCOUNTS As of May % accounts EDI-enabled as of May 03 Some accounts used for contract pay and will not be EDI-enabled

Resource Management 17 FY 03 Army Delinquencies as a % Receivable ARMY PURCHASE CARD PROGRAM