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Credit Worthy

Do your employees need company credit cards?

This story appears in the January 1996 issue of Entrepreneur. Subscribe »

If you're constantly buried in a sea of expense reports,issuing company to employees who routinely spend moneyon behalf of the is a perk to consider. But it may not beappropriate in every case, says Aaron Eidelman, a partner with NewYork City accounting firm Goldstein Golub Kessler & Co.,P.C.

Depending on the nature of the expenses, a company credit cardmay streamline your accounting processes. But, cautions Eidelman,it won't eliminate expense reports completely because employeeswill always have expenses-such as parking and taxis-that can'tbe charged.

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