In Perk, expenses refer to work-related costs incurred by employees of a business. Commonly, expenses are a part of business trips, where an employee initially pays for the costs they have during the trip, and later submits the receipts thereof to be reimbursed by the company. However, expenses can also occur in many other situations.

To manage company spend and track employee spending, companies can set up company cards for employees. Company cards can be configured so that transactions are either billed privately to employees, or to a company account, depending on your company expense policy.

The transactions occurring on company cards can be integrated into Perk, facilitating more systematic and easier bookkeeping. The transactions may be either automatically or manually imported and will then match with the corresponding card expense report once turned in by the Submitter.

Therefore, the core difference between an expense and a card transaction is that an expense is incurred by an employee, who then submits an expense report in Perk, whereas a transaction is the payment through a company card, which will be matched with the corresponding expense report in Perk.