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Wednesday, December 23, 2009

Trip Advances in SAP FICO

Definition

A trip advance is a temporary reimbursement amount for expected trip expenses.

Use

The trip advance is a relevant fact for Travel Accounting. The system reduces the reimbursement amount for the entire trip, that is calculated in Travel Accounting, by the trip advance amount.

Structure

Trip advances contain information on the amount, the currency, the entry date, the currency exchange rate and the local currency.

Every trip advance is also assigned a cash indicator. The cash indicator tells whether the advance is to be paid in cash or via financial accounting.

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