Credit Card Summary by Category

What is a Credit Card Expenses by Category Report? Credit card usage reports are considered control and analysis tools and are often used by accountants to manage expenses coming from corporate issued credit cards. Some of the key functionality in this type of report is that it uses imported credit card transactions to provide a user-friendly format to review monthly expenditures. The report groups individual transactions by employee, category and assigned GL account. Amounts are sub-totaled for the same groupings. The line item detail also include vendor, transaction description and date. You find an example of this type of report below.

Purpose of Credit Card Summary by Category Reports Companies and organizations use Credit Card Summary by Category Reports to easily review monthly card usage by expense category. When used as part of good business practices in a accounting department, a company can improve its cost control and better analyze what type of expenses credit cards are being used for as well as reduce the chances that corporate usage policies are not being followed or that cards are being used in areas where other payment methods are preferred.

Who Uses This Type of Report? The typical users of this type of report are: Accountants, Auditors. Other Reports Often Used in Conjunction with Credit Card Summary by Category Reports Progressive Accounting Departments sometimes use several different Credit Card Summary by Category Reports, along with Travel & Entertainment (T&E) reports, T&E dashboards, expense reports, anomaly reports, exception reports and other management and control tools.

Where Does the Data for Analysis Originate From? The Actual (historical transactions) data typically comes from credit card vendors or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others. In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional xFP&A solutions.

This Solver report template connects directly to your ERP data via the Solver Data Warehouse, enabling near real-time analysis with minimal setup. Designed for QuickStart deployment, it can be activated rapidly so your team can focus on analysis and decisions — not data preparation.

What is the Credit Card Summary by Category in Solver? The Credit Card Summary by Category is a pre-built xFP&A report template in Solver that delivers key financial and operational metrics in a single, easy-to-use interface, eliminating the need for manual data work or custom report development.

Who uses this Solver report template? Cfos, fp&a managers, and controllers rely on this Solver report template for consistent, parameter-driven reporting that can be run on demand or on a scheduled basis. It eliminates the manual work typically required to produce this type of analysis.

Where does the data come from? Data is sourced automatically from your ERP system through the Solver Data Warehouse, which integrates with platforms such as Microsoft Dynamics 365 Business Central, Dynamics 365 Finance, Acumatica, Sage Intacct, and other leading ERP solutions. Once connected, the template updates in near real-time with no manual data entry required.

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