It's also helpful for companies to be able to compare expense claims from different employees. It's important for businesses to track how much their employees spend. The date of expenses indicates when you incurred the expenses. It's also useful for the employer or finance team to have this report as a record in case they want to contact you about your expenses. The report may also include the name of the supervisor or manager who approved the expenses. This information identifies the employee who submitted the report. List your name and contact information, such as your work e-mail address, the company name, and your work phone number, at the top of the report. These include: Employee's name and contact information But some basic elements are present in all reports. The format and content of the report vary depending on the company's requirements. There's no standard approach for creating these reports. Related: Non-Cash Expenses and How They Work (With Examples) What to include in expense reports People usually submit these reports to their employers, while companies may use them internally or send them to clients. Businesses typically use this report to reimburse employees for business expenses that the employees have paid for themselves. Businesses may often refer to it as an expense claim form, expense claim worksheet, or travel expenses. View more jobs on Indeed View more What is an expense report?Īn expense report itemizes the business expenses incurred by an employee during a certain period.
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