Employee Expenses | User Documentation | Striven

Employees

Employee Expenses

Support Guide

  • Overview

    +

    Configuring and managing Employee Expenses in Striven will enable you to track expenses that Employees have submitted to be either billed or reimbursed. There is a lot of functionality in Striven to help facilitate your Employee Expense management which will be discussed in further detail below. This User Doc will guide you through creating and managing Employee Expense Types, Expense Requests, and explain the Employee Expense Approval Queue.

    Read this guide if you are trying to:
    ✔ Create Employee Expense Types.
    ✔ Submitting Expenses & using the Expense Approval Queue.
    ✔Process Employee Expense Reimbursements using Expense Checks.

  • Expense Types

    +

    Apart from Time Entries and Timesheets, another way to capture work Employees perform is to submit expenses. Expenses can be submitted, approved, and billed to Customers for Items that Employees purchase while performing work. Before Employees start submitting expenses, it’s important to configure your Expense Types in the settings. Expense Types will allow you to note if the expense is Billable by default, if the Customer/Vendor is required, and more. You can also restrict access to Job Titles or Employees, or choose to allow all Employees to submit expenses of that type. Below is a screenshot of how the Add Expense Type appears and a list describing what can be accomplished there.

    To view Expense Types, navigate to:

    Company → Settings → Employees → Expenses → Types

    1. Name: The name of the Expense Type that you can select when creating a new expense in Striven.
    2. Amount or Quantity: Allows you to choose whether the expense is tracked by amount or quantity. Amount is used for currency values, while quantity is used for numeric values.
    3. Default/Billable: There are two options here, which are described further below:
      • Mark as Billable by Default: If expenses of this type should be billed to a Customer, you can have the Billable checkbox toggled on by default to bill the expense.
      • Customer/Vendor Required: Makes entering the Customer or Vendor required when entering expenses of this type.
    4. Markup: Determines the markup on expenses of this type, which is the difference between the cost and the selling price of the expense.
    5. Options: There are three options here, which are described further below:
      • Allow Users to Select Order: Allows you to select an Order to relate to the expense. Orders chosen on expenses of this type will be related to the Billable checkbox.
      • Require Order: Allows you to decide whether to require an Order be associated to the expense request or not.
      • Notification Based on Employee Hierarchy: Allows you to configure that when a user submits an expense request, it goes to their manager based on their hierarchy.
    6. Expense Account: Determines the Expense Account which will be posted to when entering and reimbursing expenses.
    7. Billable Item: Establishes what Item from your Items List should be used as the Billable Item whenever a Billable expense of this type is submitted by users.
    8. Availability: Determines whether all Employees should have access to submit expenses of this type.
    9. Select Recipients: Sets the internal user who should be notified of requests related to expenses of this type, which are described further below:
      • Submission: The user associated here will be notified when an expense of this type has been submitted so that they can view the Expenses Approval Queue and manage the expense request.
      • Approved: The user associated here will be notified when an expense of this type has been approved so that they can pay the user for the approved expense request.
      • Paid: The user associated here will be notified when an expense of this type has been paid so that they can view the check created from this payment.
      • Denied: The user associated here will be notified when an expense of this type has been denied so that they can notify the requester and can manage the expense request.
    10. Actions: There are three actions here, which are discussed further below:
      • Save & Close: Saves the Expense Type and closes the page to bring you back to the Expense Types List.
      • Save: Saves the Expense Type and keeps the Expense Type open so that you can add or manage it as needed.
      • Close: Does not save the Expense Type and closes the page to bring you back to the Expense Types List.
  • Expense Custom Fields at the Global Level

    +

    Striven has made it possible for you to configure Custom Fields for expenses at the global level. You can include Custom Fields specific to your Expense Reimbursement requests at a global level to be used to gather further details about your Employees’ expenses.

    For example, you could include questions related to the expenses submitted to determine if a physical receipt is available or ask the Employee if they’d like the reimbursement included in their next payroll or if they need it before then.

    Once created, you can enter the responses to the Custom Fields as needed when adding an expense.

    The Custom Fields related to expenses have been made available for use in Payroll Files as well.

  • Submitting Expenses

    +

    When Employees pay out-of-pocket for work-related expenses, they can submit those expenses for reimbursement through Striven.

    To view the status of submitted expenses or to add a new expense, click on the Profile menu and select Expenses from the list.

    This will navigate you to the My Expenses page, where you can use search filters to find particular expenses, or add new expenses by clicking the Add button or the Add Multiple button if you have multiple expenses to submit. You’ll also have the option to edit an existing expense if it is still in the Pending status.

    Adding Expenses

    If you only have one expense to submit, the Add button will navigate you to the Add Expense page where you can enter the relevant expense information, as seen in the example below.

    1. Employee: The name of the Employee that the expense relates to.
      • Note: If an Employee has the permission “Expenses – Add for Other Employees” they will be able to enter the name of another Employee to submit the expense for them.
    2. Type: Provides a drop-down list of expense types saved in your Striven system to choose from. Below this field is the option to mark the expense as Billable.
    3. Request Date: The date the expense is being submitted.
    4. Transaction Date: The date the expense was incurred.
    5. Amount: The total amount of the expense. This would be the amount requested for reimbursement if applicable.
    6. Customer/Vendor: If the expense is related to a specific Customer or Vendor, you can select them here. For example, when you need to purchase a part in order to complete a Customer’s service, that expense would be related to the Customer.
    7. Sales Order: If the expense is directly related to a specific Sales Order, you can select it here.
    8. Notes: Provides the option to add a note regarding the expense, such as the reason the expense was necessary, where the expense was incurred, or any other details you wish to include with the expense.
    9. Custom Fields: If you have Custom Fields related to your Expenses, you will see those displayed for response when adding an expense.

    Alternatively, if you need to submit multiple expenses, the Add Multiple button will provide a faster and easier way to submit them on one page. This option displays several submission fields in order to enter many expenses at one time. The fields on this page differ slightly from the single Add Expense page.

    1. Employee: The name of the Employee that the expense relates to.
      • Note: If an Employee has the permission “Expenses – Add for Other Employees” they will be able to enter the name of another Employee to submit the expense for them.
    2. Type: Provides a drop-down list of expense types saved in your Striven system to choose from.
      • Note: Based on Expense Type Settings, certain Request Types may require additional information which is not available for submission on the Expenses Multiple Request Entry page. Those will need to be submitted individually from the Add Expense page.
    3. Request Date: The date the expense is being submitted.
    4. Transaction Date: The date the expense was incurred.
    5. Amount: The total amount of the expense. This would be the amount requested for reimbursement if applicable.
    6. Notes: Provides the option to add a note regarding the expense, such as the reason the expense was necessary, where the expense was incurred, or any other details you wish to include with the expense.
    7. Attachments: Provides the ability to upload an attachment related to the expense, such as a receipt.
    8. Customer/Vendor: If the expense is related to a specific Customer or Vendor, you can select them here. For example, when you need to purchase a part in order to complete a Customer’s service, that expense would be related to the Customer.
    9. Delete: If you have extra fields on the page that you do not need for the expense submission, you can click the delete button to remove them from the list.
      • Note: If you need more fields to enter additional expenses, you can add them by clicking on the Add New Line Item button as indicated by the green arrow in the example provided.

    After you’ve filled out the required fields on the page, you can save your expense(s) which will then display on your My Expenses page in a Pending status until reviewed and approved through the Expenses Queue.

  • Expenses Queue

    +

    Once expenses are submitted, they can be managed using the Expense Queue. Once an expense request has been submitted, the notification recipient will be notified to review the request in the Expenses Queue. Using the Expenses Queue, you will be able to update statuses of selected expense requests using the Update Status button. You can also create expense checks by selecting expense requests and clicking the Create Checks button. Below is a screenshot illustrating how the Expense Queue appears and a list describing what can be accomplished there.

    Employees → Management → Approve Expenses

    1. Add Expense: Allows you to add new expenses for submission.
    2. Employee Name: Lists the name of the Employee who has submitted the expense request.
    3. Actions: There are several icons here which are described further below:
      • Edit: Allows you to Edit the expense request.
      • Attachments: Allows you to View or Add attachments to the expense request.
      • Cancel: Allows you to cancel the submitted expense request.
      • Audit Log: Displays changes made to the expense request.
    4. Expense Type: Lists the expense type that has been submitted.
    5. Customer/Vendor/Order: Lists the Customer/Vendor and Order that the expense has been associated to.
    6. Note: Lists any notes that were entered when the expense request was submitted.
    7. Dates: Displays the dates on which the request was submitted and when the transaction was entered.
    8. Status: Lists the status of expenses. Statuses include Pending, Approved, Paid, and Denied.
    9. Amount: Lists the amount of each expense request submitted.
  • Expense Checks

    +

    Once an expense is approved, you can create an expense check using the Create Checks button at the bottom of the page. This will initiate a popup in which you can fill out information regarding the check, including the bank, payment date, and whether it is to be printed. If To Be Printed is not checked on this popup, then users can print these checks later using the Print Checks Queue under the Accounting tab. Once the check is created, you can find it using the Transactions List under the Accounting tab. Below is a screenshot representing how the Create Checks popup appears. To view the Print Checks Queue use the following steps below:

    Accounting → Queues → Print Checks

    1. Date: Allows you to select the date the check is/was created.
    2. Payment Account: Allows you to choose what payment account will be used to pay the check. Once an account is chosen, the ending balance will be visible underneath the field so that you can ensure there are enough funds in the account to pay the check.
    3. To Be Printed: If this checkbox is toggled the check number will not appear and you can print the check using the Print Checks Queue.
    4. Payee Information: Displays which Vendor and how much money they will be paid using the check being created.
    5. Actions: There are two actions here, which are described further below:
      • Pay: Processes the payment and creates the check.
      • Close: Does not create the check or process the payment and you will be brought back to the Expenses Queue.
  • Recap

    +

    With this Employee Expenses Guide we’ve explored the management of Employee expenses and their related Approval Queue process. We also explored the process for creating expense checks once Employee Expenses have been approved. The information provided in this guide should help you create and manage your Employee Expenses with ease using Striven.

FAQs

  • How can I restrict an Employee Expense Type to a specific individual or set of Employees?

    +

    When creating or editing your Expense Types, you can select to make the expense Available to All Employees, but you also have the option of selecting specific Employees individually or by Job Title for access to submit that particular Employee Expense Type.

Heads up!

 

Striven uses relabeling. Based on industry, your system may use different terminology. Please see our Company Setup guide for more information or reach out to Striven support if you need help.