Hi,
I'm trying to implement a system at our church organization with prepaid credit cards being used. These cards are re-loadable and will be used by members in their respective committees.
My though process is, I treat these cards as prepaid expense and will act like petty cash. Once the balance of the card is used up, it will be replenished back to their original balance.
I'm just wondering if anyone has a similar system or if you have any better suggestion I can implement.
Thank you,