Costs for Domestic Travel

Costs for Domestic Travel

by | Jan 19, 2020 | Finance Management

In another post, we looked at the costs of food and drinks while traveling. And we saw how Per diems may make it easier to handle the corresponding paperwork. Usually more strict requirements apply for travel costs and it is not as easy to avoid the nitty-gritty. In...
Year End Project Balances

Year End Project Balances

by | Jan 12, 2020 | Annual Reporting

Sure, we are mid-January now, but if you are working in finance it is very likely that you are focused on the year end of the past year. Checking your expenses, your revenues, your balance accounts, your bank statements and so forth. And together with your project...
Food and Drinks and Per Diems

Food and Drinks and Per Diems

by | Dec 22, 2019 | Finance Management

In my previous post I wrote about proof of delivery – what is needed to be able to prove and justify expenses properly. I used an example of an event in a hotel which included lunch and coffee breaks. But I did not specifically touch upon expenses for food and drinks....
What is proof of delivery (1)

What is proof of delivery (1)

by | Dec 8, 2019 | Finance Management

How do you account for expenses? I don’t mean, how do you book them. What I mean is, what documentation do you collect and keep to make sure (and be able to show) that the expenses are real? In other words, what is your proof of delivery? In one of my previous blogs I...