Set Up Cash Advance in Nonfunctional Currencies

Oracle Fusion Expenses enables your employees to get cash advance for use in international travels in a currency other than the functional currency before they go on an international trip. When they come back from travel they submit their expense report.

The cash advance is applied to the expense report for that specific international travel, when reimbursement currency is selected to match the cash advance currency.

Before you set up this feature, ensure that these prerequisites are met:

• Your company has capability to pay the cash advance in the allowed currencies.

• The cash advance options for your business unit has the Enable Advances option set to Yes.

Here are the tasks you need to do to set up this feature:

1. Enable reimbursement currency selection

2. Specify cash advance currencies

Specify Cash Advance Currencies

Here are the steps to add cash advance currencies allowed:

1. In the Setup and Maintenance work area, select these options:

   • Offering: Financials

   • Functional Area: Expenses

   • Task: Manage Cash Advance and Authorization Policies

2. On the Manage Cash Advance and Authorization Policies page, select the required business unit.

3. In the Edit Specific Business Unit dialog box, select the currencies for cash advance in the Advance Currencies Allowed field.

4. Click Save and Close.

Your employees can now request cash advances in the currencies you specified.