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Per Diem policy - change rate

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edited Feb 6, 2019 9:50PM in Expenses 1 comment

Summary

Per Diem rates change

Content

Hi,

Unions negotiate rates mid year and the rates are to be effective Jan 1.

For example we have all meals per diem as 75 per day for 2018 and we get the information that the rates are changed on June 1, 2019 but the rate effective date is January 1, 2019.

Is the only option to create 2 policies and manage the effective dates when we assign the policy to expense type (making sure the overlap dates)

Or is there any better way to hand such situation.

Thanks

Ravi

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