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Component: AP-ERM
Component Name: FIN-Expense and Reimbursement Management
Description: A hotel, motel, inn, or other establishment that offers rooms for overnight stays.
Key Concepts: A lodging facility is a type of expense that is incurred when an employee travels for business purposes. It is the cost of staying in a hotel or other accommodation while away from home. This expense is typically reimbursed by the employer to the employee. How to use it: In SAP ERM, lodging facilities are managed through the Travel Expense Management (TEM) module. The TEM module allows users to enter and track lodging expenses, as well as other travel expenses such as meals and transportation. The TEM module also allows users to set up rules and regulations for lodging expenses, such as maximum reimbursement amounts and approval processes. Tips & Tricks: When entering lodging expenses into SAP ERM, it is important to ensure that all relevant information is included, such as the date of stay, the name of the hotel, and the amount of the expense. This will help ensure that the expense is properly tracked and reimbursed. Related Information: The Travel Expense Management (TEM) module in SAP ERM is part of the Financials suite of applications. It is used to manage all aspects of travel expenses, including lodging facilities. Other modules in the Financials suite include Accounts Payable, Accounts Receivable, and General Ledger.