An expense report is a document used to record the costs associated with a business-related activity. This document typically includes a description of the event or purchase, the date of the transaction, the amount spent, and other details. The purpose of an expense report is to provide documentation that accurately reflects all of the organization’s expenses. It helps businesses keep track of their spending, monitor budgets, and verify if accounting procedures have been adhered to. By focusing on accuracy and compliance, an expense report can help streamline operations and ensure the financial integrity of the organization.