New answers tagged

1

If you press the Split button, you will see your memos on the transaction detail line for the account you imported (as opposed to your category account). So they are imported. Sorry for waking this years old post but I got here researching the same issue and found the answer myself.


2

I don't see any reason to think the company is committing fraud. I guess it's possible that your colleague claimed an expense for the full amount, and now the company is going to get you to claim an expense for half the amount, and then they will use this documentation to claim 150% of the actual amount as a deduction on the company tax return. But if your ...


3

Does this sound correct? Can be correct, but where I am it would be awkward. More for the company than for your or your colleague. (see below) No other company I've been with would think it's correct to apply for reimbursement for something that the employee didn't pay for. That is correct. The solution is that your colleague invoices you for your ...


2

I am not a lawyer, not an accountant, not a tax lawyer. This is not legal advise. It is what I would do to cover my own personal liability. I can't be sure it would stand up if challenged. In the United States, to keep yourself safe in the event the IRS audits your taxes, you would need to show that the money you received as "reimbursement" from your ...


19

I don't understand how you can claim half the expenses. Every company I work for requires receipts, invoices, bills or statements of account or similar proof of having made the expense. You don't have a bill from the hotel, ergo you can't claim an expense made on the company's behalf. Your colleague has the bill for the room, if he claims only half of it ...


10

In such a situation, I'd write on the expense claim something like: Paid for by [Other Employee Name] - receipts for full amount will be attached to [Other Employee Name]'s expenses claim. Please re-imburse directly to them. However the other employee fills in their claim (full amount, or "only their half"), it makes it relatively easy for the accounts ...


100

It does not sound like fraud, if your colleague is also told to expense only half the room cost despite originally paying all of it. The company's position seems to be that since two employees benefited equally from the room, its cost should be allocated equally for tracking purposes. Otherwise, it would be potentially unfair (though not illegal) if your ...


10

Is this fraud (i.e. a crime)? It depends. What is the source of the reimbursement? And is your colleague requesting a full reimbursement? If your colleague only requests 1/2 reimbursement, then that is just stupid accounting. But, maybe your companies accounting system is setup to force this lousy solution. If your colleague requests a full reimbursement, ...


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