expense account
Work spending fund
An expense account is a fund or arrangement that covers costs incurred while conducting business—travel, meals, lodging, client entertainment.
Employees submit receipts for reimbursement or charge directly to a company account.
Put it on the expense account.
The term often implies comfortable spending on someone else's dime: expense account lunches at upscale restaurants.
Transaction documentation
- per diemPayment by day
- claimsStatements of truth
- submitPresent for consideration
- documentationWritten proof or instructions
approval · reimburse · payout · disbursement · repayment · mileage · voucher · itemized
Cost of flying
- lodgingTemporary place to stay
- accommodationShelter or housing provided
- car rentalShort-term automobile lease
- taxiVehicle for hire
per diem · mileage · itinerary · conferences · seminars · business trip · hotel · meals
Financial record book
- invoicesItemized payment demands
- bookkeepingRecording financial transactions systematically
- allocationDistribution of shares
- fiscalOf public revenue
overhead · accounts payable · accruals · reconciliation · journal entry · chart of accounts · cost center · general ledger
Formal accounts examination
- oversightSupervision or inadvertent omission
- policyAdopted principle of action
- ethicsStudy of right conduct
- transparencyState of being see-through
scrutiny · regulation · verification · documentation · reporting · fraud · misuse · violation
Meal with business contacts
- hospitalityGenerous treatment of guests
- diningEating a meal
- networkingBuilding professional relationships
- corporate eventsOrganized company gatherings
business lunch · wining and dining · tickets · gala · receptions · catering · reservations · gratuity
Distribution of shares
- forecastingEstimating future conditions
- costsAmounts required to pay
- estimatesRough calculations of value
- planningArranging for future events
variance · targets · spending limits · quarterly · annual · projections · departmental · discretionary
receipts
Transaction documentation
documentation · approval · reimburse · payout · disbursement · repayment · mileage · voucher · itemized · allowance
airfare
Cost of flying
- lodgingTemporary place to stay
- accommodationShelter or housing provided
- car rentalShort-term automobile lease
taxi · per diem · mileage · itinerary · conferences · seminars · business trip · hotel · meals · ground transportation
ledger
Financial record book
- invoicesItemized payment demands
- bookkeepingRecording financial transactions systematically
- allocationDistribution of shares
fiscal · overhead · accounts payable · accruals · reconciliation · journal entry · chart of accounts · cost center · general ledger · write-off
audit
Formal accounts examination
- oversightSupervision or inadvertent omission
- policyAdopted principle of action
- ethicsStudy of right conduct
transparency · scrutiny · regulation · verification · documentation · reporting · fraud · misuse · violation · substantiation
client dinner
Meal with business contacts
- hospitalityGenerous treatment of guests
- diningEating a meal
- networkingBuilding professional relationships
corporate events · business lunch · wining and dining · tickets · gala · receptions · catering · reservations · gratuity · schmoozing
allocation
Distribution of shares
- forecastingEstimating future conditions
- costsAmounts required to pay
- estimatesRough calculations of value
planning · variance · targets · spending limits · quarterly · annual · projections · departmental · discretionary · fixed costs
- business lunchreservation, restaurant, negotiation, deal, contract
- job perkssalary, perks, pension plans, 401k, benefits
- accountschecking, savings, 401k, IRA, Roth IRA
- executive perkscompany car, stock options, corner office, golden parachute, private jet
- political perkssalary, base salary, per diem, allowances, pension benefits
- corporate worldCEO, CFO, COO, VP, executive
expense accountpersonal savings
Individually accumulated wealth
personal account · self-funded · out of pocket · out-of-pocket · personal income
expense accountpocket money
Personal spending funds
allowance · discretionary income · spending money · discretionary spending · household budget