Enter your estimated Travel Expenses.

When done, press the "Next" button.

• Benefits
  Panel content goes here...
• Field Definitions

  Enter your estimated Travel Expenses

  Enter the following (use 0 for none):

  • Airfare
  • Transportation / Rental Car expenses
  • Hotel
  • Food
  • Rent
  • Other Miscellaneous Expenses
  • New Tax Rate

  When done, press the "Next" button.

  Working with SAP BW Consulting [Consultation]

  Hotel vs Rent : There are 2 possible situations. We assume you either stay in a Hotel or you decided to Rent an Apartment close to the office.

  If you stay in a Hotel, enter your monthly hotel bill amount and then enter 0 for rent.

  Alternatively if you rented a second local apartment and pay rent every month and no longer stay in a hotel, enter 0 for "hotel" and then enter your monthly rental amount in "rent".

  Short-term jobs, due to long term rental or mortgage loan agreements, you will most likely decide to just stay in a hotel. In this case, you will continue to have some fixed Permanent residence expenses in addition to variable Travel expenses.

  Long-term jobs, if you are able to end your rental agreement or sell your home and move to a new job location, then your permanent residence expenses will transfer to your new job location. In this case, you will no longer have travel expenses.

• Example: How this information is used.

  City B Information:

  "Travel Expenses" are used to build up the "Gross Expenses" portion of the Business Expense P&L Statements.

  Travel Expenses are significantly large and outside the consultants' ability to control.

  Depending on employment terms, Travel Expenses can be either reimbursable or non-reimbursable Business Expenses.

  In the case of a higher income level, a new tax rate is also necessary.

  

  New Income Tax Rate:

  Higher Income tax rates usually apply with higher income rates.

  Income taxes account for a significant portion of Total Expenses, Cash Flow and factor into overall job profitability.