The main process of expense reimbursement under the traditional financial model

The main process of expense reimbursement under the traditional financial mode is as follows:

Start-> Submit expense reimbursement application-> Verify application information-> Approve the application-> Collect relevant invoices and vouchers-> Check the fee and amount-> Approval of reimbursement application-> Internal audit-> External audit->; Check the reimbursement amount and invoice voucher-> Reimbursement and distribution-> End.

The main steps of expense reimbursement under the traditional financial model

1. Fill in expense reimbursement application form: employees need to fill in expense reimbursement application form, including expense type, amount, expense occurrence date, expense details and other information. Sometimes it is necessary to attach relevant documents, such as invoices and receipts.

2. Supervisor's approval: the expense reimbursement application submitted by employees needs supervisor's approval. The supervisor will verify the rationality and accuracy of the fee and ensure that the fee conforms to the company's policies and regulations.

3. Financial review: After approval, the expense reimbursement application will be transferred to the financial department for review. The financial staff will check all the information in the application form and check the attached vouchers. They will confirm whether the expenses comply with relevant policies and regulations and whether they meet tax requirements.

4. Reimbursement processing: After the expense reimbursement application passes the financial review, the financial department will conduct reimbursement processing. They transfer money or pay corresponding money to employees according to the amount and expense type in the application, which is usually completed within a specified time period.

5. Bookkeeping and filing: After the reimbursement is paid, the financial department will record this expense in the company's financial system, including the reimbursement amount, reimbursement time and reimbursement personnel. Relevant documents and vouchers will also be filed for future audit or inquiry.

Comparison between traditional financial mode and financial enjoyment mode;

There are great differences between the traditional financial model and the financial enjoyment model in dealing with financial business. The traditional financial model means that the financial department of traditional enterprises is responsible for handling all financial-related work. In this mode, all departments need to submit the related expense reimbursement items to the financial department, and then the financial department will review and handle them.

The mode of financial * * * enjoyment is to set up a financial * * enjoyment service center to separate financial business from various departments and handle it by a special team.

Compared with the traditional model, this model has brought several improvements: process simplification: by establishing a financial service center, the process of expense reimbursement can be simplified, and all departments can submit reimbursement applications directly to the service center, reducing intermediate links and speeding up processing.

Improve real-time: * * Enjoy financial affairs such as expense reimbursement handled by the service center, so it can realize real-time audit processing, and all departments can know the reimbursement situation at any time. Improve transparency: * * Enjoy the service center to centrally manage financial affairs such as expense reimbursement, and all departments can query expense details through the system of * * * Enjoy the service center to improve transparency and monitoring.