I see others have had the same problem I am experiencing however the solution suggested didn't work for me. I am guessing I may have the same issue this person did. (comment copied and posted below) Can someone check my profile and see why I cannot create a Statement Report or why they don't automatically drop into a statement report as they have in the past. This seems to corollate with our "New credit card".

@MNash I looked at your profile and you have not been assigned the Company Bill Statement user permission. By having this permission, the system will automatically place your PCard transactions onto the correct report type, which is a Statement Report. I'll send you a private message with the names of people at your company that can add this permission.