Any kind of fraudulent or excessive reimbursement claims that cannot be supported with sufficient amount of evidence and receipts, could lead to serious implications including employee termination. The .xls document will be able to clearly outline the manner in which you need to create and submit your excel expenditure report. Such type of a document is often used in business establishments and companies that are required to constantly keep track of various expenditures and incomes. This in turn will allow proper fund allocation and appropriate budgeting. It will help the organization in restricting any undue expenses, process reimbursement claims and account for the same. Proper processing of employee claims becomes a vital part of every organization and verifying the receipts and various other documents, is an indispensable responsibility for the HR and accounting department.