Regular & Utility Bills Management
Expenses like credit
card payments, mobile phone bills, or renewals of magazines
etc always occur on a fixed date of billing. Regular & Utility Bills Management
helps you track all such expenses so that you never miss out on a fixed date billing expense.
These expenses, for example, mobile phone bills, involve a specific item number which is allocated to a specific employee. You can list all such regular expenses, allocate them to specific employees, and then define how much is the norm for that bill, as well as how much is the maximum limit. For example you could define that mobile phone number 98210 xxxxx which is billed on the 4th of every month, belongs to Mr X, and the typical bill amount should be Rs 1000, but maximum can be Rs 2000. Using this information, the system highlights to you any deviations or delays.
For the employee it eases the process of repeating a new voucher every month with new data - he can simply choose the item for which the billing has occurred.
For finance teams, the process of comparing past bills of the same person, or other persons, or across time periods and locations becomes easier.
The process of approval and reimbursement is similar to what is described in Business Expenses page.
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