What is in favor of traveler in SAP FI-TV - Travel Planning?

SAP Term: in favor of traveler

• Component: FI-TV

• Component Name: Travel Planning

• Description: Rounded to the advantage of the worker.

Smart SAP Assistant

• Key Concepts: 
  In favor of traveler is a feature in the FI-TV Travel Planning component of SAP. It allows a company to pay for travel expenses on behalf of an employee or other traveler. This feature is used to ensure that the company is able to pay for the traveler’s expenses without having to wait for reimbursement from the traveler. 
  
  How to use it: 
  In order to use this feature, the company must first set up a travel budget in SAP. This budget will be used to track and manage all travel expenses. Once the budget is set up, the company can then enter the details of the traveler’s trip into SAP. This includes information such as the destination, dates, and estimated costs. Once this information is entered, the company can then select “in favor of traveler” as the payment method for the trip. 
  
  Tips & Tricks: 
  When setting up a travel budget in SAP, it is important to make sure that all of the necessary information is entered accurately. This will help ensure that all of the expenses are tracked correctly and that payments are made on time. Additionally, it is important to make sure that all of the travelers are aware of this feature and understand how it works. 
  
  Related Information: 
  For more information about using this feature in SAP, please refer to the FI-TV Travel Planning documentation on SAP Help Portal. Additionally, you can contact your local SAP support team for assistance with setting up and using this feature.