Glossary

Expense Claim

Money spent on food, travel and other expenses by an employee while they are doing their job. To be reimbursed by an employer, the employee must have spent their own money and the expense must be directly related to them earning an income. The employee must also have a proof of purchase for each expense, whether it be a receipt, bank statement or other transaction record.

Employers should have a reimbursement of expense policy, which clearly tells employees the kind of spending that is and is not covered by the company. Expense claims can be made in person or submitted and created online with accounting software.