The Corporate Cards section is your go-to place to identify new corporate card transactions and understand the state of all the transactions that have been matched with a corresponding expense.
The Corporate Cards page has 3 distinct banners.
All transactions from your corporate cards that you have not matched with an expense will be visible here. The various actions that are possible to perform from this section are:
- Match - Matching a transaction with a corresponding expense will move the transaction to In Progress state
- Match with split transaction(s) - Matching a transaction with a corresponding split component of expense will move the transaction to In Progress state
- Add as an expense manually - The transaction will move to In Progress state
- Reverse - If the transaction is partially reversed, the transaction that needs to be reconciled will be in the same state (New). If completely reversed, the transaction will be moved to Settled state
- Mark Personal - Any transaction on the corporate card towards a personal spend can be marked as Personal. The corresponding transaction will be moved to the In Progress and then eventually moved to Settled State
All transactions that have been matched with corresponding expenses. The various actions that are possible to perform from this section are:
- Un-match expense - Un-matching a corporate card transaction with a matched expense will move the transaction back to the New state. Note that Un-matching is allowed when is the expense is in FYLED, REPORTED state
- Un-mark Personal - Un-marking a transaction marked as Personal will move the corporate card transaction back to the New state
Under the Settled banner, you will find all corporate card transactions that have been matched with corresponding expenses. You will find that the transactions will reflect various stages of processing such as PAYMENT PROCESSING, and PAID.
You will also find transactions that are completely reversed, marked personal and outstanding recovered under the Settled banner. You will not be able to edit any transactions that are in Settled state.