hey guys Serg here and today we're gonna be talking about how I keep track of my
expenses while I travel hey guys Serg here and today we're gonna be talking
about how I keep track of my expenses while traveling today we're talking
about your business expenses and you need to keep do a good job of keeping
these separate from your personal expenses so what I like to do is whether
you're using a business card from your place of employment where they give you
a business credit card where you put all your transactions on there or you're
using your personal card and having them reimburse you later but what you want is
to be able to easily separate out what was your business expenses and what was
your personal expenses so I first of all if I'm gonna be doing the reimbursement
method I need to make sure that I have another card I can use so it's more so
it's more easily distinguishable what is business and what is personal so during
that you say I'm going on a two-day trip and I'm using my personal card I'm the
personal expenses I'm gonna put on a different card even if it's my debit
card because I do not want to confuse those expenses so I want to keep that in
mind as well when I'm traveling the second thing I do is make sure you keep
all receipts now it is up to company policy whether you need an itemized
receipt or you just need a receipt in general I've worked with companies in
the past and they require itemized receipts so you need to make sure that
you ask for an itemized receipt usually places you go let's say you're you know
go grab breakfast at McDonald's or something they typically give you a
itemized receipt so it's usually not an issue what but it is an issue sometimes
when you notice that you don't have an itemized receipt and then you go to get
reimbursed and there's all there's problems all of a sudden so I would get
in the habit of getting itemized receipts because those are typically
better it also depends on your company's policy your company's travel policy I
know many companies I also just do per diem
so you know you spend you spend that much money on food at a restaurant or
something it doesn't matter what what it was spent on just under that amount say
it's fifty dollars under fifty dollars they're not even gonna check they just
it just is what it is so it's up to company policy how strict you have to be
with the itemized receipt versus non itemized receipt but you know if it's
not clear I would urge toward the itemized receipt so it's clear and
there's no there's no reason why they can't reimburse you because sometimes
people have issues with that so you want to get all your receipts and you want to
be able to keep them handy for when you have to write your expense report so
what I typically do is I grab the receipt and I immediately put it in a
pocket in my backpack and that way I don't forget it somewhere or mess it up
with my food or anything like that I get the receipt I immediately put it in all
of them in the same compartment so that keeps them safe that keeps them from not
getting lost which is very important because if you don't have a receipt and
it's gonna be hard for your company don't want to reimburse you unless you
have a clear path like you're on your credit card statement where you're only
using that company's you're using the credit card for the company or you're
only using that card for that period of time on company things so I've seen
before let's say you forgotten a receipt and you're using the company card
usually things are fine because you're using the company card for it and it's
obvious what you spent it on so that's that's a backup but obviously you want
the receipt first and that's the most important thing to keep in mind when
you're keeping track of your expenses while traveling no real magic there just
make sure you keep your receipts because I've come into problems before with not
having a receipt and you know there could be issues there
getting any types of reimbursement from your company so that's pretty much it
guys no rocket science here just wanted to give you guys an update here because
I will be traveling soon I thought it would be good to do a video on you know
how I keep track of my expenses while I'm traveling so if you guys have any
other tips down below on how you keep track of your expenses while you travel
put them down there as well email us at elite clinical group at
gmail.com for any inquiries or it just want to stop by and say hello or want to
connect or something like that and that's it guys take care