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A comprehensive expense policy should cover allowable expenses, documentation requirements, approval processes, reimbursement timelines, and consequences for violations.
Aplos enables organizations to create custom approval workflows, categorize expenses, and automatically flag transactions that don’t align with policy standards.
Expense policies help small nonprofits control costs, prevent misuse of funds, and demonstrate accountability to donors and auditors.
Yes, as long as the expenses are pre-approved and documented according to the organization’s policy, volunteers can be reimbursed.