The purpose of an expense template is to describe an expense or expenditure of outflow of money to another person or organisation to pay for an item or service. An expense is a cost that is paid/remitted in exchange for something of value. Expenses can vary in size depending on the item or service. Expenses at Adept Owl may include goods to be sold in the store, a service which may include repairs to a photocopier. When a staff member claims a company related expense they maybe claiming an item such as travel relating to company business such as visiting a supplier, or food when entertaining a client or supplier. Expenses may also include overheads such as electricity or wages. Expenses may be entered into a Word or Excel template. A standard
