Expense Policies

Expense policies are guidelines set by organizations to manage how employees can spend company funds. These policies outline what types of expenses are allowable, how to submit claims for reimbursement, and the required documentation (like receipts). The goal is to ensure that spending is reasonable, necessary, and complies with regulations. By providing clear rules, expense policies help control costs, prevent misuse, and ensure fairness among employees. Overall, they create a transparent process for managing business-related expenses efficiently.