Settlement of cash advances

When working with advances in Acubiz it's about the following:

• Cash Advance
  You have been given €500,00 in cash from the company's finance department.
• Returned cash advance
  When returned form your trip you have €200,00 unused cash and would like to return them to the company's finance department.

We have the following example:

Before traveling:

For your business trip you need a cash advance of €500,00 and you receive €500,00 in cash to the trip. The company's finance department creates a transaction for you in Acubiz which will be in your unprocessed area (as below).

This advance will be waiting for you to settle when you return from your trip.

In principle this is an advance on your salary, but you will not be withdrawn before you settle your costs (shown below)

When travelling

While traveling you use the money you have received from the company:

• €225,00 on taxi
• €70,00 on food
• €5,00 on coffee

Note: The above cash expenses are made using Acubiz app

All together you have used €300,00 of the €500,00 you had received from the company and has €200,00 left to return.

Returning from your trip.

You visit the Finance Department and returns the €200,00 you have to return. The Finance department creates a transaction for you in Acubiz which will be placed in your unprocessed area as below:

Settlement

Now you must make your expense settlement of the costs you have had. Your unprocessed area (or via Acubiz app) contains the following transactions