For decades, employee expense reporting has followed a familiar path: employees submit reports, managers approve them and the accounting department performs a final review. This workflow made sense ...

The following general ledger/commitment items are used to record expenses as category 2 and 3 of the Statement of Financial Activity (SoFA) report. The categories are outlined alphabetically. Each ...

Q. During the pandemic, we had far fewer expense reports to process, which saved us many hours of manual work. Now that we are processing a lot of expense reports again, it’s taking up way too much ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. To manage your business’s financial health effectively ...