Accounting
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ArticleA guide to accounting for credit card rewards
Matt Vickers
Director of Product, Ramp
Latest
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Contra account: Definition, types, and examples
A contra account offsets a related account’s balance, showing net amounts on financial statements without changing the original account.
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What happens if an employee uploads the wrong receipt?
In Ramp, the employee is notified if a receipt is invalid, and both versions are stored with timestamps; only the corrected receipt is synced to the ERP.
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How to manage vendor payments with single-use cards
See how to manage vendor payments, from one-time use cards to recurring vendor charges, and simplify reconciliation with stronger accounting controls.
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Can admins bulk-reassign missing receipt tasks to managers?
On Ramp, missing receipt reminders can be escalated automatically to managers, who then see and manage the overdue items for their direct reports.
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What are the receipt requirements for recurring subscriptions and one-time charges?
Ramp supports both scenarios by allowing recurring vendor charges to be tied to a contract or invoice, while still collecting receipts for single purchases.
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How are receipts handled when a charge is refunded?
In Ramp, refunds are recorded as related transactions, and the original receipt stays linked to both the charge and the refund.
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