
reimbursement policy
A reimbursement policy outlines how employees or members can recover costs they’ve paid for work-related or approved expenses. It specifies which expenses are eligible, the required documentation (like receipts), and the process for submitting claims. The goal is to ensure timely, fair repayment for costs incurred on behalf of the organization, within set guidelines. Typically, reimbursement covers expenses such as travel, supplies, or business meals, according to the policy’s rules. Overall, it helps maintain transparency and accountability, ensuring everyone understands what qualifies for reimbursement and how to properly claim it.