An expense account sounds simple enough, but it actually means two different things in business. First, it’s the process that lets employees pay for work expenses and get reimbursed by their company.

Perks—from signing bonuses and annual incentives to housing allowances and use of corporate jets —have always been the grease of American industry, not least expense accounts for taking clients out ...

The software is actually a boon to most employees and their managers. Corporate travelers can more easily file and track their expenses on the road, and find out in real time if they are following ...

The whole rationale of the expense-account society—aside from the benefits reaped by free-spenders of the company’s money—is that the uninhibited use of high-priced food, liquor and gifts helps ...

An expense account sounds simple enough, but it actually means two different things in business. First, it's the process that lets employees pay for work expenses and get reimbursed by their company.

In basic accounting terms, expenses are recorded as debits, which increase the expense account balance and reduce net income. The dual nature of expense accounts makes them central to business ...