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Fusion Expenses - Expense Clearing Account

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edited Jun 26, 2020 5:21PM in Payables, Payments & Cash Management 3 comments

Summary

Expense Clearing Account

Content

Hello :

I have the following document regarding fusion expenses, however the accounting is still not very clear.

Can you send me some glues how does the acconting works when the company paids the Full Amex Card.

https://docs.oracle.com/cloud/farel9/financialscs_gs/FAIEX/F1456643AN107BF.htm

 

Expense Clearing Account and Payment Option, which are set up in the Create or Edit Company Account popup

This account holds accounting for corporate card transactions temporarily. The account is cleared when the expense reports containing the corporate card transactions are processed by Oracle Fusion Payables.

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