Create an Expense Based Expense

In the Create Expense Based Expense Accrual panel, you can define the accrual parameters for an expense based expense. An expense based expense allows you to associate an expense based expense rule with an entity, accounting basis, and share class. You must identify an expense account to set up and accrue expenses and a rate. 

To create an expense based expense:

1. In Accounting Center, in the left navigation pane, click Setup > Expense > Expense Based Expense > Create Expense Based Expense Accrual.
   You see the Create Expense Based Expense Accrual panel.
2. Complete the options in the Create Expense Based Expense Accrual panel.
3. Click Submit.
   You are ready to process the expense accruals by running the accrual process. For more information, see Run Expense Accruals for Expense Based Expenses.