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Expenses incurred on behalf of the company

This query is : Resolved 
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(Querist)
09 December 2021 Sir,
our employees incur expenses on behalf of the company either through credit card or through or UPI or cash. Sometimes we pay advance to them to incur such expenses or we reimburse to them later.
Kindly enlighten us on the negative implications for the company as well as employees if any in this.
If there is any suggestion on best practice to be followed please share that too.
Thanks in advance.
Regards
V Ramesh
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
09 December 2021 Avoid cash payments.
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