Corporate Card Reconciliation Reminders

To ensure compliance with University policy, all corporate card transactions must be reconciled and fully approved on an expense report in NUFinancials within 30 days of the transaction date.

As a best practice, cardholders are encouraged to reconcile transactions during the same week they occur. At a minimum, transactions must be reconciled monthly to remain in compliance.

Please note:

• Multiple transactions may be included on a single expense report; separate reports for each transaction are not required.
• Corporate card transactions that remain unreconciled in My Wallet for more than 90 days are considered noncompliant.
• Cardholders with transactions outstanding beyond 90 days will have their corporate card suspended until all outstanding transactions have been reconciled and approved.

Thank you for your attention to these requirements and for helping ensure timely and accurate financial reporting.