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Expense Advance Refunds

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edited Jan 14, 2020 11:54AM in Expenses 1 comment

Summary

Expense Advance Refunds

Content

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.

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