Expense Line Advantages

[ghezal salma1]

Hi,

what is the advantages of expense line ?  why it is used?

Thanks,

Salma

[Ragini Kukade · Accepted solution]

Hi,

Expense lines enable you to track costs and represent a point-in-time expense incurred. Expense lines can be created manually or generated by the scheduled processing of recurring costs.

The ServiceNow platform generates expense lines automatically when you create an asset, and updates expense lines automatically when you revise the Cost or Quantity field on an asset record.

Expense lines integrate closely with asset management, CMDB, cost management, and contract management, but can be used with any application. The Source ID field on an expense line record can be linked to any record in any table, so expenses can be associated with a wide variety of items, such as a contract, an individual asset, a single configuration item, a software installation, a lease, a service contract, a user, or a group.

Users with the financial_mgmt_admin and financial_mgmt_user roles can work with expense lines.

follow links for more information:

https://docs.servicenow.com/bundle/geneva-it-service-management/page/product/expense_line/concept/c_...

https://docs.servicenow.com/bundle/geneva-it-service-management/page/product/expense_line/reference/...

Mark it as correct/helpful , if it helps.

Regards,

Ragini