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An expense report is a paper or document that gathers and discloses all the necessary information regarding the expenses made by the organization’s employee who liquidates the costs he had made during a job related activity under the company’s name. Some examples of what kind of expenses that would be billed under the organization’s name would be travels to business meetings, attending company or job related seminars and many more. A summary of expenses are made on a monthly or quarterly basis. To make an expense report, here a few things you’ll need to remember:

  • Planning events that your company invests in usually happens a year before anyone even thinks of touching the budget. So, compiling the receipts from such events are needed because you’ll need to include in your report how much was spent if the company over spent or under spent during said events.

  • Make a summary of how much was spent and indicate its purpose.

  • Organize everything. Leaving everything cluttered will only give anyone who’s reading your report a headache. Why not place them in order by the dates that were indicated on the receipts.

  • Make sure that you have the receipts and signatures to backup your report. Not one company likes the thought of wasting money. So assure them their money was placed in the right hands and for the right reasons.

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