Preparing a audit report template is optional for the private companies but it is essential for the public companies to get their accounts audited by independent auditors and their findings are submitted through audit report. Generally it is prepared in the formal way just like an annual report. Use the “Expense Report” template for easy tracking on the go. Add a date and description of each expense, and categorize expenses for easy organization. With endless customizable options - from colors and symbols to view type - Smartsheet allows you to create a snapshot into your business or personal finances with easy-to-use templates and anytime, anywhere access. You pay the amount of the reimbursement to the employee and record it as a business expense in your accounting books. On another hand, a vital business document produced by production supervisor or an employee of the company to show complete details about production of goods or products is also known as production report. Well prepared production report allows a production department to keep higher authorities up to date about production activities and operations efficiently. Document employee policy violations or other improper actions with this formal Employee Incident Report that has areas on which to write in details, obtain witnesses' signatures, and check off action taken, from verbal warning to dismissal (firing).