When the company pays in advance, the employee has the opportunity to spend economically and save some money. Whereas from an employee’s point of view the advance is better. This prevents the misuse of the company’s money. It also safeguards the company from misuse of the money.įrom an employer’s point of view, actual reimbursement is beneficial to the organization.

This is used when traveling is very frequent. It means that a fixed amount is paid per day for such traveling for business purposes. Moreover, many companies pay on a per diem basis. It depends on company policy, employee rank, workplace policies, etc. TA Payment PoliciesĬompanies pay TA either in advance before the travel or reimburse after the travel has been made.

Thus, the amount is not deducted from the salary of the employee. Traveling Allowance is an additional sum of money apart from the salary given to the employee when he/she travels to other places for business purposes. The traveling allowance includes modes of travel, accommodation, meals, and other incidentals. Traveling allowance is the amount paid or allotted to an employee by the employer for traveling to another place for business purpose.

Contents of the Employee TA Reimbursement TemplateĮmployees are entitled to TA reimbursement for their official travels.

Employee TA Reimbursement Excel Template.

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