Mileage rate is the set amount paid to an employee per mile. When entering an Expense form, the employee will enter the number of miles travelled and the system will calculate the amount due by multiplying the mileage rate by the number of miles.
Sometimes this could be a 2-tiered mileage rate.
For example, for the first 10,000 miles (annually accrued) the mileage rate is 45p per mile. After the employee has travelled more than 10,000 miles in a calendar year, this rate could drop to 30p per mile.
Updating personnel record allow specific employees to have a different standard mileage rate – directors or management, for example, may have a higher rate as part of their remuneration.
Per diems are payments made to employees as allowances for travelling. For example, a business may pay an employee £20 per night for being away from home.
Dynamics 365 has several rules available for the control of issuing per diems to automatically assign to employees;
- Time of year
- Travel location
- Time of year and Travel location
Per diems can be calculated over a time period, allowing a greater percentage of the total per diem, the longer the employee is away.
Updating personnel record allow specific employees to have a per diem rate – directors or management, for example, may have a higher rate as part of their remuneration.