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Expense Claim Intercompany Concepts.pdf

Context

         When a person incurs business expenses that relate to multiple companies it is more efficient to process the expense claim in a single company and charge the appropriate companies, than to process multiple claims.

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         Away-Company      – company(s) being charged for the claim being processed in Home-Company
                                            -                                         – refers to a Company in a separate Database (a Financial Company with
                                              ‘External with ‘External Data base’ nominated)