What is the difference between dynamic and normal mileage
A mileage expense policy is an expense policy that allows all or a group of employees to claim fuel mileage. There are two types of mileage rates setting that an admin is able to set:
- Tier (Normal) Mileage Rate - This allows an admin to set different rates for a customised mileage tier. For example, you can set the first 20 km at RM2.50 per km and after 20 km at RM1.50 per km. You will be able to add as many tiers at your preferred rates as you like.
- Dynamic Mileage Rate - This allows an admin to set different rates based on changing factors like fuel prices and more. You will be able to set start and end dates for the different rates.
To set up a mileage expense policy:
Please refer to this article: How to create policy for Mileage and Travel Reimbursement