Auto-generate VAT for per diems and mileage expenses
Yokoy allows admins to configure VATs for per diems and mileage expenses. With the upcoming release, Yokoy can now auto-generate VATs for per diems and mileage expenses. The auto-generation rates are assigned based on the VAT rates configured for the location with the highest priority.
To enable this feature, admins can go to Admin > Company, in Enable VAT input tax deduction section: select Enable VAT auto-generation for per diems and Enable VAT auto-generation for mileage expense checkboxes.
Please note: This feature can only be enabled if appropriate VATs for mileage or per diem expense are enabled.
Home address in mileage expense
Yokoy now enables submitters to add their home address in their profile. This allows Yokoy to automatically pre-fill the home address in trips and eventually makes it easier for employees to calculate the distance travelled from their home.
Summary of the per diem
Users can now see the summary of each submitted per diem (lump sum). The summary of each per diem includes details such as: City & Country, Start & End time, Specific calculation/rules that the per diem has been calculated (12th or 3/3rds) - if applicable, Applicable base rate, Additions & Deductions and the Total amount paid.
These details offer additional transparency and help users to understand how the per diems are calculated.
