Originally Posted by travelinmanS
Is it true that the IRS doesn't need receipts for items charged on the corporate card? Does this mean that I wouldn't have to submit my hotel bills, airline tix, ect. if I use the corporate card (according to IRS policy, of course)...is there anywhere you can reference this?
Thanks
Depends what "everything" is... At my old employer, where they had a direct feed from Amex to the Time & Expense system, the amex feed sufficed for everything EXCEPT for hotels (since hotel charges on the amex bill are not itemized). My new employer uses DC, and does not have an inbound feed from them (though they DO have the ability to pay DC directly for my DC-charged expenses).