What is relevant per diem in SAP FI-TV - Travel Planning?

SAP Term: relevant per diem

• Component: FI-TV

• Component Name: Travel Planning

• Description: The per diem or flate-rate amount applicable for domestic trips lasting one day, or several days.

Smart SAP Assistant

• Key Concepts: 
  Relevant per diem is a feature of the FI-TV Travel Planning component of SAP. It allows users to set up a daily allowance for travel expenses, such as meals and lodging, that are automatically calculated and applied to employee travel expenses. This feature helps to streamline the process of managing employee travel expenses and ensures that employees are reimbursed for their actual expenses. 
  
  How to use it: 
  To use the relevant per diem feature, users must first set up a daily allowance for each employee in the system. This can be done by entering the amount of the allowance in the relevant field in the FI-TV Travel Planning component. Once this is done, the system will automatically calculate and apply the allowance to any travel expenses incurred by the employee. 
  
  Tips & Tricks: 
  It is important to keep in mind that the relevant per diem feature only applies to travel expenses incurred by employees. Any other expenses, such as entertainment or business-related costs, must be entered manually into the system. Additionally, it is important to ensure that the daily allowance is updated regularly to reflect any changes in travel costs. 
  
  Related Information: 
  For more information on how to use the relevant per diem feature in SAP, please refer to the official SAP documentation or contact your SAP support team. Additionally, there are many online resources available that provide detailed instructions on how to use this feature.