Expense claims refer to requests made by employees or individuals to be reimbursed for out-of-pocket expenses incurred on behalf of the organization or in the course of their work.
To process an expense claim, individuals submit supporting documents, such as receipts or invoices, along with a detailed expense report outlining the nature, date, and amount of each expense.
The organization reviews and approves these claims, and the approved expenses are reimbursed to the individual according to the organization's expense reimbursement policy.
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