- Remember expense reporting plus receipts is equals to adequate accounting. Receipts should be accounted in every business expenses. This is the reason why receipts should be well kept in every transactions. (read details on storing the receipts the easy way)
- Set limits to credit cards/debit cards used by the employees.
- Review all the travel expense reports by the employees.
Thursday, September 17, 2009
Manage Travel and Entertainment Expenses of Employees
Is it important that the travel and entertainment expenses of your employees should be managed properly. If in case this is neglected, it will end up that the money of the company might be lost in the pockets of the employees. This is the reason why the expense policy of the company is very important. Here are some policies or things that you should consider in expense management on your company:
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