Sundry Expenses
What is a Sundry Expense?
A Sundry Expense refers to minor, infrequent expenses that businesses incur but do not classify under standard expense categories. These costs are typically low-value but necessary, ensuring smooth business operations.
In corporate travel, sundry expenses might include small gratuities, ATM fees, travel adaptors, or last-minute office supplies purchased while on a trip. Companies often set spending limits on sundry expenses to maintain cost control while allowing flexibility for employees.
Examples Of Sundry Expense Usage
1.
Hotel Wi-Fi Charges
A Business Traveler Submits A Reimbursement Claim For A Hotel Wi-Fi Fee Charged During A Work Trip.
2.
Laundry Charges
An Employee Includes Laundry Charges From A Long-Term Business Stay In Their Travel Expense Report.
3.
Minor Out-Of-Pocket Expenses
A Company Policy Allows For Minor Out-Of-Pocket Expenses, Such As Parking Meter Fees Or Luggage Cart Rentals.
Frequently Asked Questions About Sundry Expenses
1.
Are sundry expenses reimbursable in corporate travel?
Yes, but most companies set limits and guidelines on which sundry expenses qualify for reimbursement.
2.
What are common sundry expenses in travel and expense management?
Typical examples include baggage fees, gratuities, hotel Wi-Fi charges, and travel-size toiletries purchased during a business trip.
3.
How can businesses track sundry expenses effectively?
Companies use expense management software to log and categorize these small costs, ensuring proper tracking and compliance.
4.
Are sundry expenses tax-deductible?
Yes, as long as they are business-related and properly documented, they may qualify for tax deductions.
5.
How can businesses control sundry expense spending?
By setting daily allowances, using corporate cards, and educating employees on company reimbursement policies.