1. Policy Purpose

The purpose of this Expense and Travel Reimbursement Policy (“Policy”) is to define the principles, responsibilities, and procedures for the reimbursement of reasonable and necessary expenses incurred by employees in the performance of their duties, including business travel. It ensures fair treatment, fiscal responsibility, and legal compliance across all expense-related activities.

2. Scope

This Policy applies to:

• All employees of [Company Name], regardless of employment type or seniority
• Contractors, consultants, or third parties as defined in applicable agreements
• Domestic and international travel for business purposes

This Policy applies to all business-related expenditures including transportation, accommodation, meals, mileage, client entertainment, and incidental costs.

3. General Principles

Expenses must:

• Be directly related to company business
• Be reasonable, necessary, and appropriately documented
• Comply with this Policy and any departmental limits
• Be approved by the appropriate authority before reimbursement

Reimbursement will not be made for personal, excessive, or undocumented expenses.

4. Pre-Approval Requirements

The following must be pre-approved:

• All travel involving overnight stays
• International travel or travel requiring visas
• Expenses exceeding preset thresholds (e.g., airfare, conferences, training)
• Entertainment and hospitality costs for clients or partners

Employees must submit a travel request form or gain written approval from their manager or budget owner.

5. Eligible Expense Categories

5.1 Transportation

• Airfare (economy class unless otherwise approved)
• Train, bus, or ride-share fares
• Car rentals with basic insurance coverage
• Personal vehicle mileage reimbursed at [insert rate] per mile/km
• Parking and tolls

5.2 Accommodation

• Hotel stays at standard business rates
• Reasonable Wi-Fi and business center charges
• Room service and minibar expenses are not reimbursable unless for meals within daily limits

5.3 Meals and Incidentals

• Daily meal expenses capped at [insert amount] per day
• Alcohol is not reimbursable unless approved for client-facing functions
• Tips/gratuities are reimbursable within customary limits (up to 20%)

5.4 Business-Related Expenses

• Conference and seminar registration fees
• Business materials, supplies, or printing required during travel
• Internet or mobile usage for work

5.5 Client and Team Entertainment

• Must serve a legitimate business purpose
• Names and roles of attendees must be included in the expense report
• Subject to manager or finance team pre-approval

6. Non-Reimbursable Expenses

Examples of non-reimbursable expenses include:

• Personal items or gifts
• In-room movies or recreational services
• Upgrades (first-class flights, luxury hotel rooms) without pre-approval
• Spouse or companion travel costs
• Fines, penalties, or traffic violations
• Childcare, pet care, or home utility expenses

7. Expense Submission Process

Employees must:

• Submit expense reports within [X] days of incurring the expense
• Use [expense tool/platform] to enter expenses and attach itemized receipts
• Include business purpose, date, and attendees for relevant items
• Ensure all foreign currency claims include conversion rate or documentation

Managers are responsible for timely review and approval before submission to Finance.

8. Receipts and Documentation

Receipts are required for all expenses over [insert threshold, e.g., $25]. Acceptable documentation includes:

• Original paper or digital receipts
• Itemized invoices
• Proof of payment (credit card statement may be required as backup)

Missing receipts may result in denial of reimbursement unless an exception is granted by Finance.

9. Travel Advances and Company Cards

Travel advances may be issued for pre-approved extended travel. Employees must:

• Reconcile advances within [X] days of return
• Return unused funds or document all expenditures
• Not use advances for unapproved or personal costs

If issued a company credit card, employees must:

• Use it exclusively for business expenses
• Reconcile statements monthly
• Report lost or stolen cards immediately

Abuse or misuse of a company card may result in suspension of privileges and disciplinary action.

10. Compliance and Auditing

All expense submissions are subject to audit by the Finance or Compliance department. [Company Name] reserves the right to:

• Request additional documentation
• Deny or adjust reimbursement for non-compliant claims
• Take corrective action if fraudulent claims are identified

Frequent policy violations may lead to disciplinary consequences including termination.

11. Roles and Responsibilities

• Employees: Submit accurate, timely expense reports with valid documentation
• Managers: Review, verify, and approve expense reports for accuracy and appropriateness
• Finance Team: Ensure compliance, manage reimbursement, and process payments
• HR/Legal: Provide policy interpretation and resolve disputes as necessary

12. Policy Review and Amendments

This Policy is reviewed annually by the Finance and HR departments, or sooner if required due to changes in:

• Tax law or accounting standards
• Internal systems or company structure
• Business travel risk profiles

Revised versions will be published and distributed to all employees.

13. Acknowledgment

I acknowledge that I have read and understood the Expense and Travel Reimbursement Policy of [Company Name]. I agree to comply with its provisions and understand that failure to do so may result in reimbursement denial or disciplinary action.

Employee Name: __________________________

Signature: ________________________________

Date: ______________________

Department: ____________________________