When claiming reimbursement for business expenses it is important to understand the different documentation requirements. Prior to reimbursing business expenses, Deel must ensure that all documents comply with local tax and regulatory requirements. This often includes ensuring that the tax invoice or payment receipt includes the necessary components to qualify for reimbursement.
What is a Credit Card Slip?
A credit card slip is a proof of payment generated by a seller of goods and services at the point of services. It includes information about the payment method, date and time, and credit card authorization number.
Credit card slips are used for accounting purposes but are rarely accepted for expense reporting purposes.
Why isn't a Credit Card Slips Accepted for Expenses?
When making a business expense claim it is important to provide detailed supporting documentation to ensure compliance with local rules.
Credit card slips typically do not provide the necessary details to comply with local compliance requirements. These including descriptions or itemization of the goods or services, price per unit, total cost, tax rate, total tax paid, and the tax identifier of the seller and buyer (if applicable).
Tax invoices and - in some jurisdictions, receipts - usually contain all the required information.
To review the local documentation requirements in your country, please log into Deel and review our FAQ