You are correct, @Ashish_Mishra. I apologize for my faulty memory. While there are 9 categories for custom control accounts, employees are not one for some reason. Employees can only be used with the built-in control account, Employee clearing account.
You could, however, set up a control account made of special accounts and create a special account for every employee to whom you make an advance. That is not as convenient as automatically having all employees available. But, assuming you are not making advances to every employee, the task of setting up a special account whenever you make the first advance to an employee should not be too bad.
Again, I’m sorry for the bad information. That is what I get for replying from memory instead of double-checking.