Small but significant customization choices turn your expense spreadsheet into a financial insight engine. The extra context helps project managers navigate conversations with vendors awaiting payment. Your vendors don’t know your diligent finance friends as well as you do, so these nuanced stages of the reimbursement process create transparency in timelines around expenses incurred. You’ll notice we added a total of 7 payment status options. Payment Status: Expenses paid or pending.Payment Method: How the amount was paid (credit card, cash, check).Expense Description: A brief description that details the transaction.Cost Center Code: The internal cost center from your Chart of Accounts that expense is tied to.(Do not distress your accountant with nicknames) Vendor: The person or company’s full legal name that matches their W-8 or W-9.Expense Category: Category of the expense (Marketing, Travel, Professional Fees).Expense Date: The day, month, and year the expense occurred.It’s all in the details, so include as much context as possible for clear financial documentation. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |