ACCOUNTABLE PLAN

It is an employee reimbursement allowance arrangement for reimbursing employees expenses they incur while working. It is a plan for reimbursing money for expenses such as food, travel and transportation they incurred for work purposes. In this plan, the reimbursement the employee receives is not included in his or her payment. Employees should account adequately for expenses and they should return any excess reimbursement within a period of time.