Expense advances, are prepaid expenses, which a company gives to an employee in advance to pay for a known cost. Instead of asking the employee to pay out from their own pocket, the company give the money before they need it.
Refer to the following steps to view/ approve expense advance requests:
- Navigate to: Control Panel -> Expense
- Click on the View Expense Advance button, given in the page navigation bar
- A new page will open up showing fields to view and approve expense advance details
- In order to file an expense advance report for employees, click on the +New button, given in the page navigation bar
- You can edit, approve, reject an expense advance requests raised by the employees, with the help of icons given under Actions column