Expenses Clearing Account
You define the Expense Clearing Account in the Oracle Payables Financials Options window. Payables uses this as a temporary account to record information about credit card transactions when processing expense reports created in Internet Expenses. This step is only necessary if you are implementing the Company Pay reimbursement policy.
The Expense Clearing Account field is also available in the Card Program window. If you define the Expense Clearing Account
field in the Card Program window, the value you define there will take precedence over the value in the Oracle Payables Financial Options window.
Multiple Clearing Accounts
Our Company maintains several General Ledgers on one Set of Books.
The company has one credit card, used by all US facilities/GL's.
These ledgers/facilities each have a separate expense offset account number.
Can Oracle iExpense be customized to accomodate these additional offset accounts.
Specifically the Expense Report Import process needs to default a different offset account by facility.