Processing Employee Advances

This document is intended to streamline the processes associated with Employee Advances in Netsuite.

Employee Advances Procedure

a. Write a check for an employee advance.
b. Employee liquidates the advance via an expense report.

i. If the amount of a subsequent expense report is greater than that of the cash advance, then process the reimbursement through Pay bills.
ii. If the cash advance is in excess, then process a deposit.

This Best Practice is consistent with the functionality contained in the Release 2009.1 of Netsuite (Edition: International, Australia, United Kingdom, United States, Japan & OneWorld) and in Release 2010.1 of Netsuite (Edition: Australia).