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Expense forms: A general picture
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Posted On :
Sep-29-2011
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Article Word Count :
425
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We can’t escape expenses no matter what we do to escape from it they will still occur, so it’s necessary to keep an eye on the expenses that we are doing in our day to day business.
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We can’t escape expenses no matter what we do to escape from it they will still occur, so it’s necessary to keep an eye on the expenses that we are doing in our day to day business, without proper monitoring of the expenses we cannot ascertain our profit or loss from the business that we are doing, keeping record of every expense not only facilitates the calculation of profit but it also important for managing the financial resources in future. To record these expenses on paper some forms are use these are called Expense Forms. If these forms are not used by an organization the financial situation of that organization may get ruined.
Different Expense Forms
There are many expense forms available some of them are discussed below:
Travel expense form: these forms are normally used to mention the expenses that are incurred due to a business trip, these includes the expenses related to staying in a hotel, mess expenses, air or railway ticket etc. these forms are submitted to the accounts department of the company and then they are reimbursed to the employees.
Monthly expense form: these forms records the information about the expenses incurred in a month by the staff. These are normally maintained by the officials.
Employee expense form: If personal money of an employee is spent in any of the official work of the company then this form is used to reimburse the money to the employee.
Significance of Expense Forms
As we all know finance is like a blood for business, if the flow of finance stops in any organization it will be fatal. So the flow of finance or money is must in a company and if the money is flowing we need to keep record of each and every movement of finance, so that we know where it’s going and if we can reduce the outflow of cash as to improve our financial situation, for all these purposes we need expense forms to keep the record of all our expenses, these are not only use for recording the expenses, further they are examined and are very useful in curtailing unwanted expenses.
Finally we cannot ignore the use of expense forms as they are really important documents for the business. They help the organization to ascertain the financial position of a company and above all profit and losses. Their other objective is to minimize the unwanted expenses so that business performs well.
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Article Source :
http://www.articleseen.com/Article_Expense forms: A general picture_86875.aspx
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Author Resource :
sampleforms.org providing all types of forms like Expense Forms and its valuable information articles. You can find more information by visiting their website: sample forms
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Keywords :
Expense Forms, sample forms,
Category :
Business
:
Small Business
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