This travel and expense policy template has 3 pages and is a MS Word file type listed under our human resources documents.
TRAVEL & EXPENSE POLICY PURPOSE The purpose of this Travel and Expense Policy is to establish guidelines and procedures for managing and reimbursing business-related travel expenses incurred by employees, contractors, and authorized individuals on behalf of [COMPANY NAME]. This Policy ensures transparency, efficiency, and compliance with cost-control measures. SCOPE This Policy applies to all employees, contractors, and authorized individuals who travel for business purposes and seek reimbursement for related expenses incurred within the course of their duties. POLICY STATEMENTS Travel Authorization and Booking Authorization: All business travel must be authorized in advance by the employee's supervisor or manager. Travel requests should be submitted using the company's designated process or system. Booking: Travel arrangements, including flights, accommodations, and transportation, should be made through the company's designated travel booking system or approved vendors. Expense Categories and Reimbursement Eligible Expenses: Reimbursable expenses include transportation (e.g., airfare, rental cars), accommodations, meals, and other necessary expenses directly related to business activities. Non-Reimbursable Expenses: Expenses that are personal in nature or outside the scope of the business trip, such as personal entertainment, alcoholic beverages, and non-business-related expenses, are not eligible for reimbursement. Receipts and Documentation Receipts: Receipts are required for all expenses, regardless of the amount. Receipts should include details such as the date, vendor, items or services purchased, and the total amount. Expense Reports: All expenses must be documented using the company's designated expense report template or system. Expense reports should be submitted promptly after the completion of the business trip. Expense Approval Supervisor Approval: Expense reports must be reviewed and approved by the employee's immediate supervisor or manager. The approver should ensure that expenses are reasonable and necessary.
This travel and expense policy template has 3 pages and is a MS Word file type listed under our human resources documents.
TRAVEL & EXPENSE POLICY PURPOSE The purpose of this Travel and Expense Policy is to establish guidelines and procedures for managing and reimbursing business-related travel expenses incurred by employees, contractors, and authorized individuals on behalf of [COMPANY NAME]. This Policy ensures transparency, efficiency, and compliance with cost-control measures. SCOPE This Policy applies to all employees, contractors, and authorized individuals who travel for business purposes and seek reimbursement for related expenses incurred within the course of their duties. POLICY STATEMENTS Travel Authorization and Booking Authorization: All business travel must be authorized in advance by the employee's supervisor or manager. Travel requests should be submitted using the company's designated process or system. Booking: Travel arrangements, including flights, accommodations, and transportation, should be made through the company's designated travel booking system or approved vendors. Expense Categories and Reimbursement Eligible Expenses: Reimbursable expenses include transportation (e.g., airfare, rental cars), accommodations, meals, and other necessary expenses directly related to business activities. Non-Reimbursable Expenses: Expenses that are personal in nature or outside the scope of the business trip, such as personal entertainment, alcoholic beverages, and non-business-related expenses, are not eligible for reimbursement. Receipts and Documentation Receipts: Receipts are required for all expenses, regardless of the amount. Receipts should include details such as the date, vendor, items or services purchased, and the total amount. Expense Reports: All expenses must be documented using the company's designated expense report template or system. Expense reports should be submitted promptly after the completion of the business trip. Expense Approval Supervisor Approval: Expense reports must be reviewed and approved by the employee's immediate supervisor or manager. The approver should ensure that expenses are reasonable and necessary.
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