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

Ask a doubt
CA Maninder Singh's photo - Co-founder, Teachoo

Made by

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.