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 file an expense advance report for employees:
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
Click on the +New button, given in the page navigation bar
Select the Employee on behalf of whom you are raising the request
Enter the Title, Description of the request
Select the Currency of the payout
Enter the Amount and select the project
Click on the Save button to apply the request, option of Reject is also available
Notification of successfully submission of the request will be shown.