Enabling Taxable Rates for Per Diem
In this article, you'll learn how to enable taxable rates for per diem and specify taxable amounts for per diem rates in case your company wants to reimburse its employees more than the tax-free rates set by the government.
To enable taxable rates for per diem, follow these steps:
- Choose the icon, enter Expense Management Setup, and then choose the related link.
- In the Per Diem FastTab, select Enable Taxable Rates.
For taxable rates to work, you also need to specify taxable amounts for per diem rates, and here's how you do this:
Choose the icon, enter Per Diem Rates, and then choose the related link.
In the Per Diem Group Code column, select the rate for which you want to specify taxable amounts.
In the Accommodation FastTab, specify a taxable amount in the Taxable Accommodation Allowance field.
In the Meals FastTab, specify a taxable amount in the Taxable Meal Allowance field.
The Taxable Accommodation Allowance and the Taxable Meal Allowance fields may have to be added first in order to be visible. To do this, select the icon > Design > + Field to open the Add Field to Page pane. Select the relevant line section, and then drag the desired field from the pane to the table in the selected line section. Select Stop Designing, and then close the Finish Up Design pane.