Hi, May I know during a the company pay option in Corporate Cards in a scenario as below. — Cloud Customer Connect
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Hi, May I know during a the company pay option in Corporate Cards in a scenario as below.

in Expenses 1 comment

Hi, May I know during a the company pay option in Corporate Cards in a scenario as below.

What would be the entries on the payments. Cash Expense is 500 USD
Card Expense is 650 USD

1st Expense Report gets created in Payables entries are as below

Cash Expense Dr 500
Card Expense DR 650
Employee Liability CR 500
Expense Clearing CR 650

Once the program Create Corporate Card Issuer Payment Requests process is run, another payment request will get created as

Expense Clearing Dr 650
Due to Card Issuer Cr 650

Are the payment entries as below. Expense Report
Dr Employee Liability 500
Cr Bank 500

Payment Request 2
Dr Due to Card Issuer Cr 650

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