expense reports

An expense report is a document or system used by employees to record and request reimbursement for work-related costs they’ve paid out of pocket, such as travel, meals, or supplies. It details the expenses incurred, provides receipts or proof of purchase, and aligns with company policies. Managers or finance teams review these reports to ensure expenses are legitimate and compliant before approving payments. Expense reports help organizations maintain financial transparency and track expenses for budgeting and tax purposes. They are an essential part of managing business costs efficiently and accurately.