What is 'overnight stay' in SAP AP-ERM - FIN-Expense and Reimbursement Management?

overnight stay - Overview

• Component: AP-ERM

• Component Name: FIN-Expense and Reimbursement Management

• Description: Lodging in a hotel or similar establishment for one night.

overnight stay - Details

• 
  Key Concepts: 
  Overnight stay is a term used in SAP Expense and Reimbursement Management (AP-ERM FIN) to refer to an employee's lodging expenses incurred while traveling for business. This includes hotel stays, meals, and other related costs. 
  
  How to use it: 
  In SAP ERM, overnight stays are recorded as expenses in the system. The employee must submit a travel expense report that includes the details of the overnight stay, such as the date, location, and cost. The report is then reviewed by the appropriate manager and approved or rejected. 
  
  Tips & Tricks: 
  When submitting an expense report for an overnight stay, make sure to include all relevant details such as the date, location, and cost. This will help ensure that the expense is approved quickly and accurately. 
  
  Related Information: 
  For more information on SAP ERM and overnight stays, please refer to the SAP Help Portal or contact your local SAP representative.