Once a PCard purchase is made, it will feed into Concur two business days after it has posted to the U.S. Bank system. Monthly U.S. Bank statement cycles are split into two Concur reports—one report for the first half of the cycle and one report for the second half. A transaction’s posting date dictates which statement report it is assigned to.

• First Day Can Submit: Concur statement reports cannot be submitted until three days after the last day of the report period. This ensures all transactions have had time to feed into the Concur system.
• Department Approval Deadline: Concur statement reports must be approved within 10 business days of the last day of the report period.

Review the Lifecycle of a PCard Transaction web page for additional information.