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FAQ about Out-of-pocket expenses
FAQ about Out-of-pocket expenses
Astrid avatar
Written by Astrid
Updated this week

What are Private Expenses?
Private expenses refer to when an employee uses their own money to make purchases on behalf of the company and then gets reimbursed for those costs.


How do you manage private expenses with Mynt?
With Mynt's private expense service, employees can easily register purchases made with private cards. These expenses are managed in the same system as Mynt’s corporate cards. An administrator can review and approve the purchase, and reimbursement is handled via the company’s payroll system.


How are private expenses synced with the accounting system and Fortnox Payroll? How do integrations and SIE work?
Private expenses are recorded as a debt to the employees, but payments to the employees are not automatically booked. The expenses are credited to a separate account from the one used for Mynt cards (this account is set up under the accounting settings tab). This applies to all integrations, including SIE.


How is reimbursement handled? Is there a feature in Mynt for this, or is it done via the payroll system?
Reimbursement is managed through the company’s payroll system or manual payments as usual. However, Mynt makes it easy to track amounts and which employees are owed money, simplifying the reconciliation with the payroll system.

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