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How to Do an Expense Report: Steps and Solutions for Effective Expense Reporting
1reports1reporting sources2024-02-28Update
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The guide provides finance and travel managers with a reference on expense report processes and tool choices, and highlights fraud risk, which is operationally relevant for expense compliance and cost control.
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2月28日
- SAP Concur BlogHow to Do an Expense Report: Steps and Solutions for Effective Expense Reporting
SAP Concur published a guide on how to do an expense report, covering steps such as collecting receipts and recording date, vendor, expense category, taxes, and receipt images. The article notes that travel-related expenses at small and medium businesses increased 178% in 2022, and discusses templates, tool choices, and expense fraud risk, stating that around 5% of a typical organization's annual revenue is lost to fraud.