Items included in expense reports are transportation, meals and tips, lodging, mileage and other company authorized expenses. Some worksheets provide a table for itemized recording of expenses like a report of the cost of meals by date or transportation expenses by destination.
The function of the expense report is to reimburse the cost of conducting business which is deducted from the department or company gross sales or gross income. Companies reimburse employees for direct expenses incurred during their official trips or attendance of events for the promotion of the company products or services.
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