Tutorial: Understand Personal vs. Corporate Card Spend
Goal: Correctly identify whether an expense was paid using personal funds or a company-issued corporate card, and understand the implications for claim processing.
Persona: Sarah Jones (Employee)
When submitting expenses, it's crucial to correctly indicate how the purchase was paid for. Zudello distinguishes between Personal Spend (paid with your own money, requiring reimbursement) and Corporate Card Spend (paid with a company card, requiring reconciliation against card statements). Getting this right ensures your claims are processed correctly – either for reimbursement to you or for reconciliation by the finance team.
This brief guide explains the difference between the two spend types and how to select the correct one when coding your expenses.
Sections:
Let's clarify the difference between the spend types.