The Reimbursements screen contains all the settings admins need to manage reimbursable expenses in SVB T&E.
*Please Note: If the toggles on this screen are inactive, you must first complete Identity Verification for your organization.
To access the screen, click the Company Settings button in the upper right corner of SVB T&E, then click Reimbursements.
Enable Reimbursable Expenses
The Enable Reimbursable Expenses toggle allows you to control whether users at your organization may create reimbursable expenses. If you turn it off, the Reimbursements page will no longer appear in the Admin or Personal menus in SVB T&E.
Reimburse Through SVB T&E
The Reimburse Through SVB T&E? toggle allows you to control whether payments will be made via SVB T&E. If you turn it off, users may still submit reimbursable expenses and admins may still approve them, but payments will not be made by SVB T&E using funds from your bank account.
Instead, your organization will need to make the payments outside of SVB T&E. Additionally, SVB T&E will not send any records back to your account system via our automated integration; you will also need to do this manually.
Payout Schedule
If the Enable Reimbursable Expenses and Reimburse Through SVB T&E? toggles are both on, you may use the Payout Schedule drop-down to select how frequently you want payments to be made.
Once you have made the desired changes, click Save. Changes will appear in the user interface within 2 to 5 minutes.
*Please Note: If you haven't already, you will need to add and verify a bank account before reimbursements can be made.