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Small business accountants explain what a ghost card is

If you are looking for an alternative to asking your employees to buy business goods and services on their credit card for which they are reimbursed, we have a solution. You can implement a Ghost Card into your business and our small business accountants will explain what it is.

A Ghost Card is simply a credit card number that is specific to each business department and is for use by anyone in that section. Purchases made on each of these cards are then charged back to the department to which the card was issued. The ghost card allows for an easier option to assign the cost of purchased items to each employee if you’re a small business or sector if you’re a company.

All data generated by this card is automatic and goes directly into the business’ accounts payable, reducing the amount of paperwork the employees have to do. In for your business to set up a Ghost Card, it is important to see advice from business accountants who can guide you through the process.

Feel free to contact our small business accountants for all your accounting needs!

 
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