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Business Purpose and Justification - L&S

A clear business purpose is needed for every transaction. The complete business purpose should give an unrelated person a clear vision of why the UW is spending this money. If sponsored funding is used, it must include an explanation on the direct benefits to the sponsored funding source.

Business justification needed to account for activity on the business days of travel - created 6/26/2024

Daily Itinerary Example - Actual itinerary submitted for visits to multiple locations with multiple meetings and seminars to use a guide for what is best practice.

Daily Itinerary Fillable Templates


Below for the full audit findings regarding travel from the past.

Business Purpose
All employees are required to provide a business purpose for all University funds expended, regardless of funding source.  It is important to provide a detailed explanation that establishes a business purpose when claiming expenses for travel, conferences, meals, misc. purchases, etc. Simply stating the name of the conference or the person attending a hosted meal or stating “business lunch” does not establish a business purpose. It is important to answer “why” the expense was incurred and how it benefited the University.  An example of providing a sufficient business purpose would be providing the conference name and the reason for attending. The business purpose should be clear to an Approver/Auditor or a post-payment Auditor (e.g. UW-Madison Internal Audits - including RSP or OVCRGE, UW System, Legislative Audit Bureau or Federal Granting Authority)  without further inquiry.  If a valid business purpose is not provided, it is the responsibility of the Approver or Auditor to request necessary information and documentation or disallow the expense.

2017 UW System Audit Findings, for reference only. 



Keywords:
University, UW, System, audit, business purpose, benefit, itinerary 
Doc ID:
78245
Owned by:
Michele G. in L&S KB
Created:
2017-11-14
Updated:
2025-06-23
Sites:
L&S KB