Banner Procurement

Banner procurement methods are required to be used when a departmental procurement card (procard) cannot be used for payment, either due to the cost exceeding $5,000, the nature of the expense (http://www.uaf.edu/files/procurement/ProCard/ProCard-Unallowable-Purchases.pdf), or the inability of the vendor to accept a credit card. Purchase orders, guest speaker fees, and student fellowships are all examples of expenditures that are required to be processed through Banner through either FPAREQN, FPA2PUR, or FGAENCB.