Jenji in the News

Not all businesses provide a company car for employee business travel. When employees use their own vehicle for a work-related journey, a mileage expense claim form must be issued, completed, and processed.

Mileage expenses make up a large part of the travel expense report. Some employers require you to drive your vehicle for business travel to manage its professional mission and offer you mileage allowances in exchange for using your vehicle. Other companies often provide such benefits in the form of a per-mile reimbursement plan or a fixed amount per vehicle.

A fractional or as it is also called, an outsourced CFO (CFO) is a person with CFO experience who assists organizations with their financial tasks on a part-time basis, either on a fee basis or usually on a contract basis. This is different from an interim CFO, who is usually hired full-time for a period of time to fill the gap until the position is hired on a fixed basis.

The expense report is used to prove any work-related expense incurred by employees. Also called business expenses or expenses claim, the expense report is used for the reimbursement of the employee. It also enables the company to prove the expense, when requested by tax authorities, for example.