How to define mileage Policy in Oracle Fusion Expense Implementation

How to define mileage Policy in Oracle Fusion Expense Implementation

Hi friends , we are going to discuss about the mileage Policy in Oracle Fusion Expense Implementation. We will share the complete steps to configure the mileage policy in oracle fusion expenses. Mileage policy helps to claims the travel related expenses for employees in oracle fusion. We do set the mileage rate per kilometers as per the organization standards in expenses. When the employees submit the expenses for travel then it enters the travel kilometers and system  automatically calculates the expense amount to be claimed as per travel kilometers in oracle fusion. Mileage policy helps to put the control in the traveling expenses where employees cannot enter the rates as per their convivence but they have the only options to enter the traveling kilometers and system automatically calculates the expense amount to be claimed. Please find below the complete detail about mileage Policy in Oracle Fusion Expense Implementation.

Steps to define the mileage Policy in Oracle Fusion Expense Implementation

Here below is the steps for mileage policy in I expenses in oracle fusion.

Step 1:-  Here below we need to follow the task to define mileage policy in oracle fusion expense implementation.

Go to Setup and Maintenance ➔ Expenses ➔ Manage Policies by expense category.

How to define mileage Policy in Oracle Fusion Expense Implementation

Under Manage Policies by Expense Category, We are going to create a new Mileage Expense Policy for one specific expense category.

Here we are going to create the mileage policy in oracle fusion expense implementation.

In Click Button ‘Create Policy’ as above , select the required expense category for which you want to create the expense policy.

Creating Mileage policy for Employees under expenses

Here defining the Mileage policy.

How to define mileage Policy in Oracle Fusion Expense Implementation

 After entering all the required data and details click save button.

Once Policy got saved as per the last step then ‘Create Rates’ button will be enabled. Here under ‘Create Rates’ button we will define the mileage rates for different types of vehicles.

How to define mileage Policy in Oracle Fusion Expense Implementation