Hello, We have employees who submit low dollar expenses on a report ($2.00, $3.00 etc ) which are out of pocket expenses. The cost of processing the report and cutting the check is more than the amount of reimbursement. I would like to encourage one report per month but I am told there may be states that require reimbursement of expense within a week or two weeks after incurred.
I am wondering how other companies handle low dollar expense reimbursements of out of pocket expense.
I would suggest to inform employees not to claim low dollor expenses in a single report & can add them in other reports in future which has addtional expenses. For example- $>10 or more to avoid cost of processing & check printing + Bank charges if any.