Although, new tax regulations have made handling travel expenses easier since 2014, the effort remains high for Germany- even more so for Austria where the regulations can be considered even more complex.
To simplify this process, Alta Via Consulting has developed a module, that can be used as an add-on to your NetSuite account, specifically tailored to German and Austrian travel expenses,
The Alta Via Travel Expense Module gives you and your employees the ability to capture many different types of travel, whether it’s domestic, foreign, overlapping, or all at the same time, everything can be recorded on an intuitive interface.
Mileage, meals, and overnight accommodation will automatically be calculated by the module according to the provisions of the German Travel Expense Act. The allowances correspond with the rates currently set by the Federal Ministry of Finance for professional and company-related business trips.
Settling expenses in different currencies within one travel expense report is easily managed by the Alta Via travel expense module. You have the choice between a set of currencies that can be used simultaneously within one report.
Different expense categories, such as hotel, taxi, or hospitality, simplify the entries additionally. This product creates the needed interface for Accounting by setting the tax rates first and assigning the expense accounts to each of these categories.