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Travel Reimbursement Process in Companies - AP Process (P2P Process)

 

Foreign Travel Expense Report

(1) Exchange Rate Change from Day to Day.

(2) Different Exchange Rate on

       (a) Date of Travel

       (b) Date of Advance

       (c) Date of Submission

       (d) Date of Processing

(3) Exchange Rate to be taken for  different dates as per Company Policy.

(4) Some Companies take Exchange Rate as follows

      (a) For Advance:-Date of Giving Advance

      (b) For Expense:-Average Rate of Travel

      (c)For Balance Payment:- Date of Payment

  1. Accounts and Finance
  2. AP and AR Process
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CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
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