Expenses

Expenses covers everything an employee spends on the company's behalf: receipts, corporate-card swipes, advances, mileage and per-diems. Each spend becomes a line in a report; the report moves through approval, then finance settles it and Finnoto posts it to your books.

ConceptsCopy Anchor Link

• Expense — one spend, with its receipt, category and amount. Finnoto reads the receipt and fills most fields.
• Report — a batch of expenses submitted together. Approval and settlement happen at report level.
• Policy — the rules a report is checked against: limits by category, receipt thresholds, allowed merchants. Violations are flagged, not blocked, unless you say otherwise.
• Advance — money paid out before the spend; expenses are netted against it at settlement.

Common tasksCopy Anchor Link

• Raise a reimbursement
• Raise a vendor expense from the employee portal
• Attach expenses to credit-card transactions
• Approvals