Skip to main content
All CollectionsManage expenses for admins
Understanding transaction status
Understanding transaction status

What is transaction status | Pending and Posted transactions

Updated over 7 months ago

On the expenses, there is transaction status information present.

There are 2 values for transaction statuses: pending and posted.

  • Pending: When the transaction is authorized, the transaction status is pending. This may be a temporary hold charge, such as a purchase at a gas station. The amount here may not be equal to the actual amount present on your credit card statement. You can see Transaction date values for all pending transactions.
    ​

  • Posted: When the merchant's bank settles or clears the transaction, the transaction status changes to Posted automatically. You can see both transaction date and post date values for all posted transactions on expense management.

On the Business expenses page, you can add a column for transaction status with values of either pending or posted.

Things to keep in mind about transaction status

If the amount of the pending transaction doesn't match the actual spend or the amount on the receipt, it will be updated after the purchase posts.

  • For all temporary charges where the amount is charged during card validation, the expenses will be auto-deleted after 14 days. If the settlement isn't received, the expense and transaction are deleted after 14 days, provided the expense isn't already added to an expense report. If the expense has been added to a report, we don't delete the expense.
    ​

  • The post date values will be empty for the transactions that are pending. Once the settlement is in, the post date is updated and the transaction status is changed to posted.
    ​

  • If you delete pending transactions and a settlement is received, then we'll create a new expense and transaction with the amount and date related to the settlement. The transaction status for these expenses will be posted.

If you have any more questions about transaction statuses, reach out to our support team at support@capitalone-fylehq.com.

Did this answer your question?