Can an employee use an organization-issued debit/credit card to charge grant expenses?
A grantee may use any medium to transact business during the course of implementing a grant program. However, some business practices are better than others because they facilitate the implementation of internal controls that mitigate the risk that an employee or other agent will use public (or local) funds in an inappropriate or unauthorized manner. Although not recommended by TEA, a grantee may use a revolving credit or charge account(s) issued directly to the grantee organization (i.e., a corporate account) to transact business related to a grant program provided that it properly accounts for each individual transaction charged to the account(s).
