What is twelfth rule in SAP FI-TV - Travel Planning?

SAP Term: twelfth rule

• Component: FI-TV

• Component Name: Travel Planning

• Description: An accounting rule according to Austrian law. Depending on the number of full hours of travel on a trip day, a certain number of twelfths of the daily allowance per diem is paid.

Smart SAP Assistant

• Key Concepts: 
  The twelfth rule is a feature of the FI-TV Travel Planning component of SAP. It is a rule that allows for the automatic calculation of travel expenses for employees. The twelfth rule states that if an employee travels more than 12 days in a month, the travel expenses for the entire month are calculated as if the employee had traveled for 12 days. 
  
  How to use it: 
  The twelfth rule is used to calculate travel expenses for employees who travel more than 12 days in a month. The expenses are calculated as if the employee had traveled for 12 days, regardless of the actual number of days traveled. This ensures that employees are not overcharged for their travel expenses. 
  
  Tips & Tricks: 
  When using the twelfth rule, it is important to remember that it only applies to employees who travel more than 12 days in a month. If an employee travels less than 12 days in a month, then their travel expenses should be calculated based on the actual number of days traveled. 
  
  Related Information: 
  The twelfth rule is part of the FI-TV Travel Planning component of SAP. Other features of this component include automatic calculation of per diem rates, automatic calculation of mileage rates, and automatic calculation of hotel rates.