You are an Expenses Manager at a large company and need to address complaints from...

[Reference: How Corporate Card Transactions for Inactive Employees Are Processed, Grace Period (Option D):, Role in Processing: A grace period can be configured to allow the system to process transactions that are posted after an employee's termination date. This ensures that any legitimate business expenses incurred shortly before termination are not overlooked. The default grace period is set to 0 days but can be adjusted as needed., Configuration Path: To modify the grace period, navigate to the Manage Expenses System Options page:, In the Setup and Maintenance work area, select:, Offering: Financials, Functional Area: Expenses, Task: Manage Expenses System Options, Reference: How Corporate Card Transactions for Inactive Employees Are Processed, Options Not Included:, Outstanding Cash Advances (Option B):, This pertains to any cash amounts advanced to employees that have not yet been reconciled. The processes in question focus on corporate card transactions and do not directly address outstanding cash advances., Individual Pay Liability (Option C):, This refers to scenarios where employees are responsible for paying their corporate card bills directly (Individual Pay). The processes mentioned are designed to handle transactions for inactive employees, regardless of the payment liability setup (Individual Pay, Company Pay, or Both Pay)., By utilizing these processes and configuring the grace period appropriately, companies can ensure that all valid business expenses incurred by inactive employees are processed efficiently, thereby maintaining good standing with corporate card providers and ensuring accurate financial reporting., References:, How Corporate Card Transactions for Inactive Employees Are Processed, , ]