A credit card receipt is a document that details a transaction made with a corporate credit card. It includes crucial information such as the transaction date, amount, merchant's name, and a description of the goods or services purchased.
Prompt submission of these receipts is essential for corporate finance teams. It enables efficient monthly account closures and accurate financial reporting. Timely receipt submission is crucial for reconciling credit card statements and expediting VAT reclaim, ensuring both financial accuracy and optimal cash flow management. This practice is key to maintaining transparency and compliance in an organization's financial activities.
Find an overview of all the ways to submit receipts in Moss:
I. Fully automated
II. Semi automated, with our receipt transaction matcher
III. Manual