Dear All,
I work for a research company where a lot of staff are entitled to reimbursement for conveyance based on the kilometers run. Considering the frequent changes in petrol prices, we need to revise the reimbursement rates as well. I kindly request all of you to share some formulas or methods on how to calculate the correct reimbursement rate per kilometer for two-wheelers and four-wheelers.
Thanks,
Hemant
I work for a research company where a lot of staff are entitled to reimbursement for conveyance based on the kilometers run. Considering the frequent changes in petrol prices, we need to revise the reimbursement rates as well. I kindly request all of you to share some formulas or methods on how to calculate the correct reimbursement rate per kilometer for two-wheelers and four-wheelers.
Thanks,
Hemant