Travel Management in FICO

Purpose

Today, modern Travel Management must be capable of supporting all of the business procedures involved with business trips in a single, complete process. This includes, in addition to Travel Accounting and transfer of accounting results to other business function areas, Travel Planning as an integral part of this process.

With the R/3 Travel Management application component, you can perform all business travel processes from Travel Planning to Travel Accounting and the transfer of travel expenses to other business function areas efficiently and reliably.

Integration

You can

* Post incurred travel expenses correctly via integration to R/3 Financial Accounting (FI)
* Clear them according to the allocation-by-cause principle in R/3 Controlling (CO)
* Calculate resulting taxes in R/3 Payroll Accounting (HR)

Within the Travel Accounting process, Travel Management refers to master data in R/3 Personnel Administration (HR).

The trip costs transfer amounts can be reimbursed to the employee via Financial Accounting (FI), Payroll Accounting (HR), or via data medium exchange.

Refer to

The Overall Process of Travel Management