Cardholders have few responsibilities other than keeping their cards in a secure place. The most important responsibility that each cardholder has is that they must obtain a receipt or other similar documentation for each of their transactions. Cardholders will receive a monthly statement from the bank and they are required to reconcile their transactions. They will then need to attach all their documentation to the statement and forward to their Departmental Account Manager (see Section #4). The documentation should include a brief description for each item listed as to its use and location. Cardholders who fail to obtain or submit their documentation in a timely manner will lose their Purchasing Card privilege.