Expense Report Overview This skill helps you organize business expenses into clear, categorized reports suitable for reimbursement requests, accounting, and tax preparation. Use Cases: Creating expense reimbursement reports Organizing receipts for tax preparation Categorizing business expenses Summarizing travel expenses Preparing monthly/quarterly expense summaries How to Use 1. Provide your expense information (receipts, transactions, or descriptions) 2. Specify the purpose (reimbursement, tax prep, budget tracking) 3. Tell me your expense categories or policies 4. I'll create a structured expense report Example prompts: "Create an expense report from these receipts for my business trip" "Categorize and summarize my expenses for the month" "Format these expenses for reimbursement" "Help me organize my freelance business expenses for taxes" Expense Report Templates Standard Reimbursement Report Travel Expense Report Monthly Expense Summary Expense Categories Common Business Categories Category Examples Tax Deductible Travel Flights, hotels, car rentals Usually yes Meals & Entertainment Client dinners, team lunches 50 100% Transportation Taxi, Uber, parking, mileage Yes Office Supplies Paper, pens, printer ink Yes Software & Subscriptions SaaS tools, apps Yes Professional Development Courses, books, conferences Usually yes Communication Phone, internet Partial Professional Services Legal, accounting Yes Marketing Ads, promotional materials Yes Equipment Computer, office furniture Depreciated IRS Category Alignment (US) IRS Category Description Advertising Marketing and promotional Car and Truck Vehicle expenses Commissions Payments to contractors Contract Labor Freelancer payments Depreciation Asset depreciation Insurance Business insurance Interest Business loan interest Legal and Professional Attorney, CPA fees Office Expense General office Rent Workspace rental Repairs Equipment maintenance Supplies Business supplies Taxes and Licenses Business taxes Travel Business travel Meals Business meals (50%) Utilities Business utilities Processing Guidelines Receipt Requirements Keep receipts for: All expenses over $25 (US) or local threshold Required info: Date, vendor, amount, payment method Meals: Include attendees and business purpose Missing receipts: Note explanation in report Currency Conversion Use exchange rate from date of expense Document rate source (bank, XE.com, etc.) Keep in original currency + converted amount Mileage Calculation Current IRS rate (2024): $0.67/mile (verify current rate) Document: Date, destination, purpose, miles Use odometer readings or mapping app Output Format Limitations Cannot scan or read receipt images directly Tax advice should be verified with a professional Exchange rates should be verified for accuracy Company policies may have specific requirements Cannot submit reports to your expense system Examples Example: Quick Expense Organization Input: Output: Travel Expense Report Trip: NYC Client Visit Dates: [Dates based on context] Purpose: Client meeting with Acme Corp Summary Category Amount Airfare $775.00 Lodging $420.00 Ground Transportation $115.00 Meals & Entertainment $225.00 Total $1,535.00 Detailed Expenses Airfare Date Description Amount Receipt [Day 1] Flight to NYC $380.00 Needed [Day 3] Return flight $395.00 Needed Subtotal $775.00 Lodging Date Description Amount Receipt [Day 1 2] Hotel (2 nights) $420.00 Needed Ground Transportation Date Description Amount Receipt [Day 1] Uber to airport $45.00 ✓ App [Day 2] Uber to meetings $28.00 ✓ App [Day 3] Uber to home $42.00 ✓ App Subtotal $115.00 Meals & Entertainment Date Description Attendees Purpose Amount Receipt [Day 1] Client dinner John (Acme) Account review $125.00 Needed [Day 2] Breakfast/coffee Self Working meal $35.00 Optional [Day 2] Lunch meeting [TBD] [Purpose] $65.00 Needed Subtotal $225.00 Action Items [ ] Collect flight confirmation emails [ ] Get hotel invoice/folio [ ] Save restaurant receipts for meals over $25 [ ] Document business purpose for client dinner [ ] Confirm lunch meeting attendees

expense-report