Check sibling questions

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

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Davneet Singh

Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 12 years. He provides courses for Maths and Science at Teachoo.