Per Diem

Per diem is a fixed daily allowance provided to employees or travelers to cover expenses like meals, lodging, and transportation during work-related trips. Instead of itemizing each expense and submitting receipts, the employer or organization grants a set amount per day, simplifying expense management. The rate is usually determined by the company or government agency and varies depending on the destination and the nature of the trip. Per diem helps streamline travel expense reimbursement, ensuring individuals have funds to cover necessary costs without the need for detailed expense reporting.