What is trip provision in SAP FI-TV - Travel Planning?

SAP Term: trip provision

• Component: FI-TV

• Component Name: Travel Planning

• Description: A guideline for determining the reimbursement of travel expenses and the method by which they are taxed.

Smart SAP Assistant

• Key Concepts: 
  Trip provision is a feature of the FI-TV Travel Planning component of SAP. It allows users to plan and manage their travel expenses in advance. Trip provision enables users to set up a budget for their trip, and then track and manage their expenses against that budget. 
  
  How to use it: 
  To use trip provision, users must first set up a budget for their trip. This budget should include all expected expenses, such as airfare, hotel costs, meals, and other miscellaneous costs. Once the budget is set up, users can then enter their actual expenses into the system. The system will then compare the actual expenses to the budgeted amount and provide a report of any discrepancies. 
  
  Tips & Tricks: 
  When setting up a budget for a trip, it is important to be as accurate as possible. This will help ensure that the system can accurately track and manage expenses against the budget. Additionally, it is important to enter all actual expenses into the system in a timely manner in order to ensure accuracy. 
  
  Related Information: 
  Trip provision is part of the FI-TV Travel Planning component of SAP. Other features of this component include travel request management, travel expense management, and travel authorization management. Additionally, SAP offers other components that can be used in conjunction with FI-TV Travel Planning, such as FI-CA Contract Accounting and FI-SL Special Ledger.