Scenario 1: The expense report is approved by Approver and reaches BPC on or within the date of 20th, the late payment fee will be charged and show in eSpeedBuy for your reporting. Therefore,
1. In Card Charges tab, select “Late Payment Fee” charge to add it to the report.
2. Select expense type “AMEX Already Reported”, to exclude this amount from the payment process as Amex agrees to waive this late fee for us. However, the credit late fee will still be shown in your next statement.
3. Submit the expense report for your supervisor’s approval.
4. Print the expense report and send to BPC for further processing.
In your next statement, “Reversal of Late Payment Fee” will be shown in your Amex account and eSpeedBuy, therefore,
1. In Card Charges tab, select “Reversal of Late Payment Fee” charge to add it to the report.
2. Select expense type “AMEX Already Reported” to exclude this credit amount from the payment process.
3. Submit the expense report for your supervisor’s approval.
4. Print the expense report and send to BPC for further processing.