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Deep Dive: Preparing accrual - how to Reconcile Company Card Expenses

Sonia Liapounova
Sonia Liapounova Expensify Success Coach - Admin, Expensify Team Posts: 150 Expensify Team
edited July 2020 in Deep Dive Docs

If there are still unapproved expenses when you want to close your books for the month then you can use the Imported, Approved and Unapproved totals for the feed to create an accrual entry.

Match:

  • Imported Total to Statement amount
  • Approved Total to Company Card Liability account in your accounting system
  • Unapproved Total becomes the Accrual amount (provided the first two amounts are correct).


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