Setup of Intercompany Account for Cash Advances

When Acubiz issues a cash advance, the amount is posted from the individual currency cash box to the employee's personal advance intercompany account.

1. Setup of Currency Accounts

To issue cash advances in Acubiz, a correct currency account must be linked to the relevant currencies.

Procedure:

1. Go to ADMINISTRATOR -> CHART OF ACCOUNTS -> CURRENCY (INCLUDING RATES).
   
2. Click on the desired currency to edit the setup.
   
3. Enter the correct account in the Currency Account field.
   
4. Click Save.
5. Repeat the process for all relevant currencies.

See also

• How to set up the advance intercompany account for the employee
• Cash advance payments
• Settlement of cash advances and return advances