We Answer: What Are Expense Reimbursements? And Other FAQs.
A SAP Concur blog post answers common questions about expense reimbursements, including definition, reimbursable expenses, receipt requirements, payment methods, timing, tax implications, and alternatives. It emphasizes receipts are required and reimbursements are not taxable income. The article also introduces alternatives like corporate cards and per diems, and promotes SAP Concur's expense management services.
Impact and considerations
Companies need clear reimbursement policies to ensure compliance, avoid tax risks, and improve employee satisfaction.
Key points
- Expense reimbursement is payment to employees for business expenses incurred personally; amount must match expense.
- Reimbursable expenses must meet IRS guidelines, be reasonable and for earning income.
- Receipts are required for reimbursement and IRS audits.
- Reimbursements can be via payroll or separate payment; payroll may delay.
- Reimbursements are not taxable income for employees.
- Alternatives include advances, per diems, corporate cards, and P-cards.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 11 Jan 2023, 17:20
- Page published
- 14 Aug 2026, 08:27
- Last updated
- 11 Jan 2023, 17:20
- Original links
- SAP Concur Blog:We Answer: What Are Expense Reimbursements? And Other FAQs. (opens in a new tab)Primary source · en · Published 11 Jan 2023, 17:20