Generate Expenses for Credit Card Transactions
Explanation
This activity is used to register credit card transactions as expenses by
automatically generating the expenses. That is, the default expense code
connected to the credit card transaction will be used to register the expense
records.
Note: All the credit card transactions of the employee available in
the Expense Sheet/Credit Card
tab (which are configured to be balanced with the expense sheet in full) will be
included in this automatic expense generation.
Prerequisites
In order to perform this activity:
- Employee is required to have credit card transactions in which the
transaction code should be connected to the employee's default expense rule.
This connection is created in the
Credit Card
Configuration window.
- Also, one expense code (belonging to the employee's default expense
rule) is required to be connected to the transaction code as the default
expense code (for the expense rule).
System Effects
As a result of this activity, an expense will be created for each credit card
transaction (with the specified prerequisites) listed in the Expense Sheet/Expenses
tab . Also, the Credit Card check box will be selected for the registered
expense.
Window
Expense
Sheet
Related Window Descriptions
Expense Sheet
Procedure
- Open the Expense Sheet
window.
- Search or populate to select the expense sheet you require.
- Go to the Credit Card
tab. All the credit card transactions of the employee within the travel
period of the expense sheet will be listed in this tab. Right-click and
click Show All. Now, all the credit card transactions of the employee
regardless of the travel period of the expense sheet will be listed in the
tab.
- Right-click and click Generate Expenses.