Reimbursement and reimbursement are two problems that we often encounter in our daily work, many people do not particularly understand these two financial concepts, and there is often confusion, the specific differences between the two are as follows:
First, the concept is different.
Reimbursement refers to the expenses actually incurred by the poor person in the actual business, such as accommodation expenses, transportation expenses, food subsidies, etc., which are reimbursed according to the actual amount incurred. Reimbursement according to facts refers to reimbursement according to the actual situation, without limiting the amount of reimbursement, but requires reasonable explanation and approval, and the person who reimburses according to the facts has more power.
2. Scope of application.
Reimbursement usually applies to benefits that a business provides to employees, such as expenses incurred when employees travel or travel. In this case, the company will reimburse the employee based on the expenses actually incurred, usually with certain standard restrictions, such as the highest standard of accommodation, the highest standard of transportation, etc.
Reimbursement is applicable to some special circumstances, such as expenses incurred in emergencies or emergencies. In this case, the employee needs to pay the expenses out of pocket first, and then reimburse them according to the actual situation, and need to provide detailed instructions and approvals.
3. Reimbursement process.
The reimbursement process is relatively simple, and employees only need to provide the corresponding invoices and documents to be reimbursed in accordance with the company's regulations. However, reimbursement based on the facts requires more information and materials, such as a detailed description of the expenses, approval by relevant personnel, etc. Therefore, the process of reimbursement based on facts will be relatively complicated.
4. Monetary Limitations.
There are usually certain monetary limits for actual reimbursement, such as the maximum standard of accommodation, the maximum standard of transportation, etc. Reimbursement based on facts does not have these restrictions, as long as it is in line with the actual situation and the company's regulations. As a result, in some cases, reimbursement may limit an employee's expenses, while reimbursement based on facts is more flexible.
5. Supervision and management.
Both reimbursement and reimbursement need to be supervised and managed to ensure the reasonableness and compliance of expenses. For actual reimbursement, enterprises usually set corresponding standards and regulations to supervise and manage the expenses reimbursed by employees. For reimbursement based on facts, enterprises need to establish a more stringent approval process and supervision mechanism to ensure the authenticity and compliance of expenses.
In conclusion, reimbursement and reimbursement are two different types of expense reimbursement, and they differ in terms of scope of application, reimbursement process, amount limit, and supervision and management. Enterprises should choose the appropriate reimbursement method according to the actual situation, and establish corresponding systems and regulations to ensure the reasonableness and compliance of expenses.