Expense Advance Refunds
SummaryExpense Advance Refunds
Business Use case:
Employee Advance: 1000
Employee Travel Expense: 800
Remaining amount 200.
Employee deposit 200 in Bank & send Pay-in-Slip to Finance Team. Cashreates Expense Type "Return/Refund" 200 in Expense report.
Business creates AR Misc receipt to collect the amount & reconcile in Cash Mgmt.
Is this best practise for Cash Advance Refunds?
Do you have any other option to achieve this requirement.