Credit Cards Gone Astray

You may run a tight ship with purchasing.  You compare and shop well.  You have budgets and keep in line.  It works well for what purchasing gets involved with.

But then there are the credit cards.  They do not follow the same controls.  Money gets spent in different ways.  Approvals are different and may be more lax.  The expenses hit later.  You may not see them until up to a month if you still rely on paper statements.  You may not get the documentation you should for some credit card purchases.

Personal expenses can slip in too.  It may be under the dollar radar.

You as the owner may be the culprit.  You may choose to run things through.  You may be more generous on your spending than you are for your people.  It can set a tone that people pick up on.

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