What does travel and entertainment account mean?
Definitions for travel and entertainment account
travel and enter·tain·ment account
This dictionary definitions page includes all the possible meanings, example usage and translations of the word travel and entertainment account.
Princeton's WordNet
expense account, travel and entertainment accountnoun
an account to which salespersons or executives can charge travel and entertainment expenses
ChatGPT
travel and entertainment account
A travel and entertainment account is a type of expense account used by businesses to track and manage costs associated with business-related travel and entertainment activities. This may include transportation expenses, meals, accommodations, event tickets, and other expenses incurred while traveling for business or entertaining clients or employees. The expenses recorded in this account are typically tax-deductible to some extent, offering businesses a way to reduce their taxable income legally. It also allows companies to monitor and control these types of expenses more effectively.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of travel and entertainment account in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of travel and entertainment account in Pythagorean Numerology is: 8
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"travel and entertainment account." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/travel+and+entertainment+account>.
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