Showing results for 
Search instead for 
Did you mean: 
Occasional Member - Level 1

Company Billed Statement & Tax Recovery

For those using Company Billed Statement (CBS) for PCard transactions, how is the tax recovery calculated? Is the factor method used for all? 

Would like a better understanding of what other CBS users are doing for tax recovery. 



1 Reply
Routine Member - Level 3

We have site administrators that review each statement report. If tax was not collected appropriately, we make payments to the appropriate state on a monthly basis (or quarterly, depending on the state's rules). 

Travel and Expense System Administrator