Claim Types

The Claim Types option is used to define different types of expense claim that users can submit.

Examples of Claim Types are Reimbursement for items purchased out of your own pocket that must be reimbursed, or Visa for items purchased using a business credit card that do not need to be reimbursed but still must be recorded, approved and analysed. Reports can be filtered and grouped by Claim Type.

Name

A short name for the Claim Type.

Description

A longer description of the Claim Type.

Currency

Set to the home currency of your business. Read-only.

Account Code

Free format account code. This may correspond to an account in your accounting software (e.g. a bank account or director’s loan account) used for claims of this type.

Repayment Required

Select “Yes” if this type of claim requires a repayment to the claimant.