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Business Travel Expense Categories

oboloo Glossary

Business Travel Expense Categories

Business travel expenses are the costs incurred by employees for business-related purposes while travelling away from their home base. These costs may include airfare, hotel stays, car rentals, ground transportation, meals, entertainment, and other approved miscellaneous expenses. By carefully categorizing and tracking business travel expenses, organizations can ensure they are being spent responsibly and in compliance with relevant policies and regulations. Additionally, it allows businesses to gain greater visibility into their spending patterns and identify areas in which they can be more cost-effective.

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