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.
References in periodicals archive ?
Thus, we may expect to see more ERISA expense accounts that do not pay revenue-sharing dollars to the plan.
Finance Minister Charilaos Stavrakis told the paper that the decision was taken following a long-standing and rational request to increase the expense accounts for those officials.
Multiple miscellaneous accrued liability accounts are used in which numerous items are recorded across multiple business units using multiple expense accounts (e.
The reform-minded new mayor also said he reviewed the existing list of the Yokohama mayor's social expense accounts and decided to ban the payments of condolence money at funerals.
274-5T(f)(5)(iii) states that "an employer should require that an expense account be verified and approved by a reasonable person other than the person incurring such expenses.
For most sales reps, like I lofty expense accounts, company cars, base salaries between $40,000-$70,000 and bonuses of up to $30,000 don't come without a price.
Easy-to-Use Online Tools Help Consumers Better Manage Health Savings and Expense Accounts by Comparing Hospitals, Treatments, Doctors and Drug Costs
Imposing charges for every mile driven would ease congestion by pricing low-income drivers off roads, benefiting company directors on expense accounts.
They want to cling to six-figure jobs, full staffs, fat per diem expense accounts and personal prestige that few lawmakers could ever earn in private life.
People with business expense accounts frequently use credit cards and tipping with company credit is even easier than paying with one's own card.
4 trillion yen from their expense accounts in the year through Jan.
Businesses use Notes to conduct discussions, process time sheets and expense accounts, and call up databases.