What is included in Level 1 purchasing card data?

Level 1 purchasing card data is designed to capture the most essential transaction details that facilitate basic transaction processing without detailed line-item details. The correct response includes key components such as the total purchase amount, date of the transaction, merchant category code, and the supplier or retailer name. These elements allow organizations to monitor spending patterns, verify account usage, and help in budgeting and expense reporting without needing granular detail.

In contrast, other options may include data points that are relevant for more detailed levels of purchasing card data, but those components are not part of Level 1. For example, tax rates and product descriptions are typically found in Level 2 or Level 3 data, which provide additional details beyond what is required for basic transaction processing. Similarly, sales tax amounts and customer accounting codes may not be part of the basic Level 1 data set. Freight amounts and order numbers also do not fall under Level 1 transactions, as they pertain to further specifics often needed in Level 2 or Level 3 reporting.