What is 2 pm rule in SAP FI-TV - Travel Planning?

SAP Term: 2 pm rule

• Component: FI-TV

• Component Name: Travel Planning

• Description: An accounting rule according to German employment tax law. For an international trip lasting several days, the meals per diem for the day of the return trip from the location abroad depends on the location abroad and the time of border crossing for the return. If the border is crossed before 2-pm, the return trip day is valuated with the relevant domestic per diem. Otherwise, the employee receives the country per diem for the border location abroad.

Smart SAP Assistant

• Key Concepts: 
  The 2 pm rule is a feature of the FI-TV Travel Planning component of SAP. It is used to ensure that travel expenses are booked in the correct period. The rule states that any travel expenses incurred after 2 pm on the last day of a period must be booked in the following period. 
  
  How to use it: 
  To use the 2 pm rule, you must first set up the FI-TV Travel Planning component in SAP. This involves setting up the travel planning parameters, such as the start and end dates of each period, and the time of day when the 2 pm rule applies. Once this is done, you can then book travel expenses in SAP, ensuring that any expenses incurred after 2 pm on the last day of a period are booked in the following period. 
  
  Tips & Tricks: 
  It is important to ensure that all travel expenses are booked in the correct period. To do this, make sure that you are aware of when the 2 pm rule applies and book any expenses incurred after this time in the following period. 
  
  Related Information: 
  For more information on setting up and using the FI-TV Travel Planning component of SAP, please refer to the official SAP documentation.