Company tours are one of the ways to create a good relationship amongst the staff or team spirit within a department. At times, they are a good relaxing recreational outing organized by the entity for their employees, sometimes it for meetings, but mostly these tours are planned for a combination of both.
These tours are company expenses that need to be verified to the tax officers, the departments’ heads, clients (in case it was to be reimbursed by them), or the project managers, for which, a Company Tour Expense Report is created after every company tour. Such reports help the administration decide whether to plan such tours in the future or to avoid the expenditure.
The report is made depending on the requirement of the entity’s policy or demand of the situation. The employer or the receiver, in case of client or sponsor, states their requirements or provides a pre-set template. It usually depends on the mode of transportation, reason for travel, and other such factors.