3 ms·

What if it was $900 per month? That's quite a different beast.

• hawkice 12y ago
  For the seller it is different (because we care about LTV), but typically the $900 expenditure is "X services, Nov. 17 - Dec 17". They are loyal customers, but it isn't as though they are even breaking the spirit of the rule. [Example: if they bought $10 worth of pens, no one would ask whether they calculated the amortized lifetime cost of needing pens and issued a bulk approval form. Lots of real life expenses are recurring.]
• ams6110 12y ago
  Universities may vary, but the one I'm familiar with forbids automatic recurring charges on a p-card (credit card), whether it's $9/month or $900. They want a paper recipt for EVERY charge, even if it's $0.10. Any variance requrires a manager to complete an "exception to protocol" form which is routed to about 6 people to approve. For cases like this, it's probably going to be easier to just have a yearly price which you invoice yearly (cron job + email would do) than to go through the bureaucratic overhead of getting an automatic monthly charge approved.