Activity: P-Card Spending Limit Financial Policy: N/A Related Policies: IU Institutional Purchasing Policies http://www.indiana.edu/~purchase/policies/policy_list.html Other Relevant Policies http://www.indiana.edu/~policies Additional Forms: N/A Things to Know:
Each card will have a transaction and a monthly spending limit. The standard will be $1,000 per transaction and $10,000 per cycle. Upon occasion, these limits may be raised above these guidelines with approval from the Purchasing Department. Limits within these guidelines may be set by the departmental account manager and your Purchasing Department based on your current spending needs. Once the card is issued and there is a need to have the limits changed; an email from your fiscal officer should be sent to the campus P-Card manager: http://www.indiana.edu/~purchase/pcard/pcard.html
See IU Purchasing Newsletters http://www.indiana.edu/~purchase/newsletter/list.html
