A Business Expense Policy is a document designed to outline the rules and procedures used to manage the company’s business expenses. It sets the guidelines for how employees can use company funds for things like travel, meals, supplies, and more. It ensures that all expenses are properly documented and accounted for in order to provide accurate financial information. The policy also prevents abuse of company resources, reduces fraud and corruption, and helps to ensure that tax obligations are met. Ultimately, a Business Expense Policy is an essential tool for any organization looking to stay organized and compliant.