Many companies using Expense Standard do not provide company cars to their employees, so this feature is turned off by default. If your company provides company cars and reimburses employees for expenses related to those cars, you must turn it on.
Objective
Many companies using Expense Standard do not provide company cars to their employees, so this feature is turned off by default. If your company provides company cars and reimburses employees for expenses related to those cars, you must turn it on.
Follow these steps to configure the company car mileage. We walk you through each part of the process, complete with detailed instructions and screenshots to help you along the way.
Once you complete these steps, a demo video is available to reinforce what you've learned and provide a quick recap.
On the Mileage Configuration page, select Custom Rates from the dropdown menu Rates.
Select the Company Car Rates tab.
Select New.
Configure the fields as needed.
Field | Description |
---|---|
Effective Date | Enter the start date for the (new) rate. This automatically sets an end date for the current (old) rate. |
Rate | Enter the amount reimbursed per local distance unit. For example, a mile or kilometer. |
Personal Rate | This field is optional and can contain a negative rate. This rate is used when mileage expenses with the company car are marked Personal. |
Select Save to enable these changes.
Caution
Remember to activate the company car mileage expense type so that users can select it and get reimbursed for related expenses. Steps to activate an expense type were covered on the Unit Configuring Expense Types, lesson Managing Expense Types.
Title | Link |
---|---|
Concur Expense: Mileage Rates - Setup Guide for Standard Edition | Concur Expense: Mileage Rates - Setup Guide for Standard Edition |
Thank you for completing this unit.
This learning unit provided valuable insights into managing both personal and company car mileage. It equips you with practical knowledge on updating personal car mileage rates and reviewing historical values; enhancing transparency and accuracy in tracking travel expenses. Also, it demonstrated how to set up your company car configuration to ensure precise expense tracking and reimbursement for company car usage. The integration with Google Maps further simplifies the process of recording and calculating distances traveled.
Before you move on from this unit, there is a knowledge check to help reinforce and assess what you've learned.
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