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Oracle Financials Cloud: Expense Report To Reimbursement
Oracle Financials Cloud: Expense Report To Reimbursement
[ 11 Dec - 15 Dec ]
[ 08 Jan - 11 Jan ]
• Expense Concept
• Additional Features
Overview
4
Process Flow
Cash Advance Approve Advance Audit Advance Process Advance • Supplier Invoice to
Request (1) Request (2) Request (3) Amount (4) Payment
5
Use Case Scenario
6
Enterprise Structure
InFusion Corporation
Employee
7
Security Model
Security Reference Manual for Financials
Expense Auditor
User Reviews and audits expense reports on a daily basis to
ensure compliance with the company's reimbursement
policy
Expense Manager
Job Role Duty Role Manages company's expense policies and processes.
Reviews and proposes changes to expense policies
Employee
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Manage Users
Business
Unit
Default
Job
Expense
Account
Manager Grade
9
Agenda
• Expense Concept
• Additional Features
Cash Advance Approve Advance Audit Advance Process Advance
Configurations
Generate Expense
Audit Expense Report
Invoice
• Expense System Options
Enhancements
• In case of refund of the advance amount, it needs to be settled outside the
system (Process to refund the unused amount from the Cash Advance)
• Close Cash Advance
• Record Manual Journal
Dr. Cash A/c
Cr. Cash Advance Clearing A/c
✓ Upload Corporate Travel Policy
✓ Upload Cash Advance Request
11 ✓ Cash Advance Type
Cash Advance Approve Advance Audit Advance Process Advance
Generate Expense
Audit Expense Report
Invoice
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Cash Advance Approve Advance Audit Advance Process Advance
Generate Expense
Audit Expense Report
Invoice
If the expense auditor approves the cash advance request, he specifies a date by
which the cash advance must be applied to the employee's report
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Cash Advance Approve Advance Audit Advance Process Advance
Generate Expense
• Schedule the Job “Process Expense Reimbursements and Cash Advances” Audit Expense Report
Invoice
• Payment Request created in the name of the Party (Employee not created as a supplier)
• Process the Payment Request and make payment in order for the advance to be available for
adjustment
Accounting Entry
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Pay Group for Cash Advance and Expense Report [21D]
• Enable specific pay groups for cash advances and expense reports with negative reimbursement
amounts to prevent negative payment requests from getting applied against positive payment
requests and cash advances
• Process cash advances and expense reimbursements separate from refunds collected from
employees
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Cash Advance Approve Advance Audit Advance Process Advance
Request Request Request Amount
Generate Expense
Audit Expense Report
Invoice
• Spreadsheet
• Mobile App
• Recurring Expenses
• Digital Assistance
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(5) Enter Expense Report
• Setups
✓ Corporate Cards
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Corporate Card Transaction Processing ✓ Card Transaction for Inactive Employees
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Corporate Credit Card – Payment Option
Payment Employees Pay Corporate Company Pays Corporate Employees Reimburse Company Reimburses
Option Card Issuer Card Issuer Company Employees
Individual • Card business expenses NA NA • Card business expenses
Pay • Card personal expenses • Cash business expenses
Company NA • Card business expenses • Card personal expenses • Cash business expenses
Pay • Card personal expenses
Both Pay • Card personal expenses • Card business expenses NA • Cash business expenses
Predefined Lookup
Corporate Card
Expense Types
Expense Items Display Converted to Expense Converted to Corporate Feed File Transaction
in Expenses Work Area Types Card Expense Types Codes
Formats supported:
✓ Setting Up Credit Card Processing ✓ Centrally Billed Travel Card for MasterCard (23D)
✓ PGP Key For Decrypt Corporate Card Transaction ✓ Touchless Expenses for J.P. Morgan Corporate
Cards (23D)
✓ Document For Tokenization
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(5) Enter Expense Report
• Tax
✓ All taxes applied on the expense report will be inclusive tax irrespective of the tax definition
✓ Example – Total expense incurred is £2,100 and tax is VAT 5%. In this case, the tax amount will be calculated as £100
( (2,100 × 5) / 105 ) ✓TAX RECOVERABILITY DETERMINATION FOR
EXPENSE PAYMENT REQUESTS (22C)
• Accounting Allocation
✓ The expense distribution accounts can be overwritten by the employee while entering the expenses if access is
provided (Role → Expense Account Allocation Role)
• Project Allocation
✓ Project related expenses pre-requisite
✓ Expenses can be tagged against Projects, if enabled
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Prepaid Expense Entry [22C]
✓ Applicable for all Expense Categories except Per Diem and Mileage.
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(5) Enter Expense Report – Oracle Maps
• Preferred Locations
(ORA_EXM_MILEAGE_LOCATIO
NS)
• Multiple Stops
✓ Cumulative Mileage
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(5) Enter Expense Report – Digital Assistance
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Cash Advance Approve Advance Audit Advance Process Advance
Request Request Request Amount
Generate Expense
Audit Expense Report
Invoice
• Policy Compliance
• Receipt Management
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(6) Expense Policy Enforcement
Generate Expense
Audit Expense Report
Invoice
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(7) Approve Expense Report
✓ Expense Approval Workflow FAQ
Expense
belong to Yes Cost Center
Employee submits
different manager reviews
expense report cost and approve
center
No
Supervisor reviews
and approves
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(7) Approve Expense Report
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Cash Advance Approve Advance Audit Advance Process Advance
Request Request Request Amount
Generate Expense
Audit Expense Report
• Setups Invoice
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Audit Risk Indicator [21D]
Expense Type Account Company LOB Account Cost IC Company LOB Cost
Center Center
Accommodation 5210 201 30 5210 400 000 201 30 400
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Cash Advance Approve Advance Audit Advance Process Advance
Request Request Request Amount
Generate Expense
Audit Expense Report
Invoice
• Payment Request created in the name of the Party (Employee not created as a supplier)
• Process the Payment Request and make payment in order for the advance to be available for
adjustment
Accounting Entry
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Agenda
• Expense Concept
• Additional Features
Additional Features – Expense Delegation
• Once delegate submits expense report, it will be reviewed and approved by original employees
before usual expense approvals process starts
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Additional Features – Spend Authorization
✓ Spend Authorization Worked Example
Employee
Payable Invoice
submits Funds check
generated
expense claim
• Unused funds from spend authorization can be released by closing the spend authorization
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Additional Features – Contingent Worker
• Associate the contingent worker with the supplier in Manage Expense Contingent Worker
• When contingent worker submits the claim, it is approved as per the hierarchy and gets
audited
• The payable invoice is created in the name of the supplier to which the contingent worker was
associated
• Contingent workers cannot raise advance claim, nor any credit card can be associated with
them
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Additional Features – Recurring Expense
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Expense Analytics
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Expense Dashboard
Expense Dashboard
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Travel Integration – with GetThere ✓ Prerequisite for Travel Integration
✓ GetThere Features
Create
Navigate to Booked Vs
Trip
GetThere Actual
Import Expense
and make variances are
Itineraries Reports
the highlighted
based on
bookings to Approvers
Itinerary
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Co-Existence – External Payment System
Submit
Manager Process
Expense Audit
Approval Reimbursements
Report
Create an
Retrieve Create an Invoice Make
XML file
XML file in external system Payment in
with
from by decoding the External
Payment
UCM data in XML file System
information
Co-Existence
Sample XML
files
45
Best Practice
✓ Topical Essays
46
Recent New Features
• Tax Recoverability Determination for expense payment requests (22C)
• Monthly and Lifetime Rate Limit Enforcement for Miscellaneous Policies (23A)
• Preconfigured Merchant Category and SIC code Mapping (23A)
• Print Preview for PDF and MS Office attachments in expense report (23A)
• Payment Method Selection in Cash Advance Request (23B)
• Payment Method Selection in Cash Advance using Rest API (23D)
• Mileage Route Waypoints in audit and view expense report pages (23B)
• Expense Template and Payment Method Selection in Expense Mobile App (23C)
• Resubmission in Expense Mobile App (23D)
• Limits based on Employee Grade for Entertainment Policies (23C)
• How To Enable All Flexfields To Be Edited By Employee When Submitting Expense Report
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Thank You