Policy Setup (Expense)

Expense Policy Rules

Company travel policy is enforced through Expense Policy Rules, eliminating the need for an auditor to review expense reports for policy compliance. Expense can compel an employee to correct an expense, delete an unauthorized expense, use only authorized vendors, explain an overage and send certain expenses to special approvers. The following pages detail the steps in creating an Expense Policy Rule.

• Expense Policy
  
  

Expense WBS Policy Rules

Through its WBS policy rules function, Expense is able to associate expenses with WBS activities. Limits can be placed on the amounts of expenses that can be charged to a particular WBS or WBS Group. In setting limits to expenses that can be charged to a WBS, the maximum amount can be a fixed figure, or it can be a value held in the Expense per diem rate tables. Rules can be written that charge any overage to an indirect expense code, while charging the limit to a WBS. This functionality allows companies to separate billable charges from non-billable charges, assigning the billable portion to a WBS activity. This permits reimbursing employees for actual expenses while tracking a lesser amount (generally based on the published U.S. Government per diem rates) for client billing.

• WBS Policy