Corporate Credit Card Expenses
SummaryCredit card expenses do they need to clear as paid for employee
We have set the corporate credit card payment option as Company.
Load the transactions from the CC company and assigned to employees. Create corporate card issuer payment requests to generate invoice/payment request to pay the credit card company.
Employee submits the expense report for approval to manager (all expenses are business related only). Payment requests are created once audited, does a payment need to be recorded to offset this payment request (but no actual payment going to employee).
Please clarify the process for us.