PERSONAL MEALS
As with business meal, the regional policy does not make reference to what is considered reasonable in regards to expenditure on meals and drinks. Countries can set specific limits or establish guidelines on what can be spent on meals and drinks. Adherence to those limits is the responsibility of the approving line managers and will be reviewed by regional and local finance for compliance.
TICKETS TO SPORTING, CULTURAL EVENTS AND ENTERTAINMENT BOXES
Tickets to sporting or other types of events whether seasonal or event-oriented for client entertainment may be purchased with prior written approval by local President.
In order to comply with tax authority substantiation rules, certain countries may require to maintain a log book that identifies the date of the event, the employee using the tickets, the individual guests entertained and their relationship to ACE.
An original invoice payable to the vendor should be submitted through the ACE Accounts Payable Department for processing.