P-cards and Capex–A Good Deal

First, p-cards were originally designed and used most often for small dollar purchases. And capex expenditures rarely qualify as “small dollar.” Second, in most organizations capex expenditures require more accounting than ordinary purchases. There are tax considerations, asset tracking concerns, and depreciation calculations. In most organizations, the approval for a capital expenditure is often detailed, time consuming, and complex. ROI and other calculations are often required. Many capex…