An accurate and timely close is a key responsibility of finance professionals. In order to do this, employees must submit their expense reports in a timely manner. The Expense Age Check Base Model identifies expenses submitted beyond the required time period dictated by your corporate policy. You can customize the period within which expense reports can be submitted, up to a maximum of 365 days. Any report submitted beyond the allowed threshold will be flagged by Expense Age Check Base Model as high risk.