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Teammates with company credit cards:

Managing your Buffer credit card

The IRS requires companies to keep copies of invoices/receipts for any business expenses they plan to use as a tax credit or deduction. The IRS considers this support adequate if it includes the following information: the amount, date, place and nature of the expense. For example, a hotel bill would need to have the name and location of the hotel, the dates of your stay and a complete listing of the charges.

What this means…

The finance team will continue to reconcile credit card transactions monthly for all cardholders. We may reach out with questions/receipts requests if any information is unclear or missing.

If you make a purchase on a company credit card, we’ll need:

As always, feel free to reach out to the Finance Team directly with any questions related to your card!