What Is An Expense Report Form?

2007-05-02 10:04:19

( Financial )



Expense report forms are important in every organization. The format of an expense report will greatly depend on the organization’s preference.

An expense report form is typically used to report expenses incurred during a business trip. Most expense report forms allow you to convert your expenses into a single currency if travel from one country to another was made.

Expense report forms show how much money was spent on specific types of expenses. These include food, transportation, office supplies, telephone charges, hotel and air or train tickets. An expense report form also shows whether a reimbursement is due to an employee especially when cash was advanced to an employee.

Expense report forms can either be accomplished online or manually. A free trial for online expense report form programs are available on the Internet for you to try before purchasing the program. The computer programs that are available in the market allow a person to create expense reports by entering the relevant data. The company will then require the employee to submit the report online. The finance department will in turn use the expense report form to process reimbursements. The finance department then clears the employee from any cash advances provided the expense has been approved by the relevant parties.

Some expense report forms are also used to itemize credit card expenses. Some companies only settle the employee’s credit card bills if an expense report has been properly accomplished, and approved by the relevant authorities.
Official receipts and other supporting documentation must be included when expense report forms are submitted.

An expense report form is different from a creit report. A credit report is a record of payments you made to your creditors, and whether payments were made on time. An expense report form also differs from an internet traffic report, which shows the performance of Internet usage around the world.


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