Expense Account

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Expense Account

An account a company keeps with a budgeted amount of money in it to allow an employee to pay expenses on a business trip. For example, a company may authorize an employee to use a company credit card to pay for hotel, food and similar expenses while she attends a marketing event. Less commonly, an expense account refers to a situation in which an employee spends his/her own money and receives a reimbursement from the employer.
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References in periodicals archive ?
Thus, we may expect to see more ERISA expense accounts that do not pay revenue-sharing dollars to the plan.
The VAT expense accounts should be filed in time, in order for the company to avoid paying penalties.
But disgruntled MPs were right to say that newspapers were once known as a place where the drinks flowed freely thanks to generous expense accounts, or so I'm told.
When the Chronicle's editor, Jeff Cohen, joked at a Friday night farewell party for Hines at the Willard Intercontinental Hotel about the size of his expenses, Hines said he refrained from saying he had learned the art of writing expense accounts from the New York Times's legendary Johnny Apple -- only because Apple's widow, Betsey, was among the guests.
The auditors' first question was: "Why are there debits to fixed assets and credits to expense accounts?" The answer requires digging a little deeper; the auditors redefined their data search.
By the late 70s, the lobbyists ruled the roost with their credit cards and expense accounts, and I had to become an expert in finding bargain restaurants.
Git oot o' ma face, ya wee scunner - The expense accounts don't need auditing, sir
was almost wildly generous in its expense accounts, but all is not going well.
This balance sheet approach to computing the book-tax difference for accrued liabilities has typically been employed where it is not practical to identify and track the specific book accrual entries, e.g., benefit expenses that are charged to a multitude of different manufacturing expense accounts.
Does it in any way undermine incentive to require that for the trust placed in their hands (not to mention the presidential-size salaries, generous expense accounts, and tenured positions) fundraisers track where they go, who they see, and what contribution situations they discuss?
Nakada said the new measure will apply to requests from Monday for data about his expense accounts, including the identities of people who receive so-called ''sympathy payments'' and those entertained by the mayor.
All of which means that the appointment of current Art Institute of Chicago deputy director and curator of modern and contemporary art Neal Benezra, 48, to David Ross's old job as director of the San Francisco Museum of Modern Art (effective August 1) has nothing to do with correcting a trajectory of exceeded expense accounts, absentee management, a perception of uninterest on the part of many local gallery owners, and a less-than-promising relationship with "Hunk" and "Moo" Anderson (whose vast and stellar painting and sculpture collection's not ending up largely at SF MOMA would be not only a loss but an acute embarrassment).