4/29/2023 0 Comments Daily expenses reportThis "payback" may be tied to his salary being smaller than the one he thinks he deserves. Matt asks for reimbursement for every dollar he spends - because he wants to pay the company back for something he believes is an injustice toward him. Unlike the Sidestepper and the Martyr, the Payback Artist is overzealous in asking for expense reimbursement. Are you an Expense Report "Payback Artist"? The feeling of closeness you have to your company is admirable, but you should still file reimbursement requests for your business-related expenses - at least to stay compliant with the expense policy of your company, if nothing else. What to do if you're an Expense Report "Martyr"? Peter the Martyr rarely asks for reimbursements, and he covers most of his job-related expenses from his own pocket. Hence, Martyrs treat these business expenses like their own. But, unlike the Sidestepper, who avoids the process because it's too "confusing", or "stress-inducing", the Martyr does so because he or she feels personally "close" to the company and its cause. The Martyr often avoids filing for expense reimbursement. Where applicable, use the note and description sections of the Reports to clarify why certain items turned out costlier than one would expect. Treat your Expense Report like a work task, and define the time you'll spend on it on a daily or weekly basis - then, track the time you spend filling out each Report, to make sure you stay within your predefined time limit. Take your time to understand the expense policy of your company - ask for further clarification from the company's bookkeeper or your colleagues when needed. What to do if you're an Expense Report "Sidestepper"? So, Alice the Sidestepper often decides that it's easier not to report the expenses and often pays for them from her own pocket. She also fears that her employer will start questioning the items in her Report if some of the items turn out pricer than expected. She believes the process takes too much of her time. The Sidestepper is often reluctant to report his or her expenses to the employer, no matter how big or small.Īlice finds the data she needs to add to her Expense Report confusing. So what type are you? Are you an Expense Report "Sidestepper"? Research helps distinguish among 5 different types of employees when it comes to the way they approach the process of expense reporting. What your Expense Report says about you?Īccording to the Wall Street Journal, Expense Reports can say a lot about the employees who fill them out - and underline some of the problems these employees have with their Expense Reports. Now, no matter the exact data the Report asks you to fill in, the purpose of your Expense Report is always the same - providing detail and proof for the job-related expenses that require reimbursement from the employer and company. Money spent on lodgings during business travels.
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