What is expense report type in SAP AP-ERM - FIN-Expense and Reimbursement Management?

SAP Term: expense report type

• Component: AP-ERM

• Component Name: FIN-Expense and Reimbursement Management

• Description: Customer-defined attribute of expense reports that establishes the expense report category and additional basic characteristics for recording and processing the expense report. Examples of possible expense report types: Domestic business trip Foreign business trip Expense report without business trip

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• Key Concepts: 
  Expense report type is a feature of SAP’s Expense and Reimbursement Management (ERM) component. It is used to define the rules and parameters for creating and submitting expense reports. It allows users to set up different types of expense reports, such as travel, entertainment, or miscellaneous expenses. 
  
  How to use it: 
  To use the expense report type feature, users must first create an expense report type in the ERM component. This can be done by selecting the “Create Expense Report Type” option from the ERM menu. Once the type is created, users can then assign it to an employee or group of employees. This will allow them to submit expense reports according to the rules and parameters set up for that particular type. 
  
  Tips & Tricks: 
  When creating an expense report type, it is important to consider the different types of expenses that may be incurred by employees. This will help ensure that all necessary information is captured when submitting an expense report. Additionally, it is important to review the rules and parameters associated with each type before assigning it to an employee or group of employees. 
  
  Related Information: 
  For more information on SAP’s Expense and Reimbursement Management component, please refer to SAP’s official documentation at https://help.sap.com/viewer/product/ERM/en-US.