Business Meals Expense Account

• At times, business deals and discussions are more productive over lunch, in a less structured environment. The lunch expense is recorded in a "business meals" type of expense account and reimbursed to the employee who paid for the lunch provided, he is able to provide the names of the people who attended the lunch, their positions, their relationship to the purpose of the meeting and the receipt. That way the business may be able to claim its own reimbursement.
  
  

Personal Vehicle Expense Account

• Employees use of personal vehicles for business can be more economical than a business spending funds on purchasing vehicles for employees. A business will record the vehicle expenses of the employees under a "vehicle" expense type of account to reimburse her for the mileage on her car as well as any fuel, maintenance, repairs and insurance expenses she may have incurred.
  
  

Entertainment Expense Account

• Entertaining clients may be a good marketing strategy for a business, particularly when clients are in from out of town. The business may record those entertainment expenses which the business approves, under an "entertainment" expense type of account for reimbursement to the client. While the business may reimburse its clients, not all entertainment expenses are reimbursed back to the business by the government.
  
  

Other Business Expense Account

• Some business expenses are not frequent and are categorized as an "other business" type of expense account. Under this account a business may record such items as clean-up costs, research, goodwill, bad debts and even business start up costs.