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Best Practices for Missing Receipt Affidavits: Limits, Thresholds, and Controls
July 9, 2025
Q. What are best practices for Missing Receipt Affidavits for employee corporate card expenses in regards to frequency/valume? Should a company have an affidavit limit per employee in a given time period, dollar amount, etc?
A.
(Answered by a member of IOFM's advisory panel)
We have validations in our ERP to align to our reimbursement policy. For example, we have a dollar threshold where receipts are required. If they try to submit a report that is over that amount, the system will stop them.…
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