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Prepaid Expenses
Certify manages Prepaid Expense balances for all employees. Using Prepaid Expense functionality, your company can take advantage of substantial savings on airfare booked more than a month in advance. Prepaid expenses are company assets and should be treated as such, holding employees accountable for utilization of prepaid expenses and services.
With Prepaid Expense functionality, Certify users see their prepaid expense balance right on the home page. Users can easily utilize prepaid expenses after the service or product has been consumed or received.
Accountants gain accurate balances in prepaid expenses accounts with offsetting debits to expense accounts. Reports allow Accountants to see all company assets held in the form of Prepaid Expenses, ensuring that they are used appropriately and do not "fall through the cracks" when employees change departments or employment status.
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