What is the meaning of per diem charges?

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accountingbyte
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Joined: Fri Oct 25, 2024 11:21 am

What is the meaning of per diem charges?

Post by accountingbyte »

per diem means a fee or cost against under a specific service, travel expense of an employee or use of goods. In business and logistics usage, it usually refers to charges charged for each day an item-used, such as a shipping container—is used past a specified 'free period.' These are daily reimbursements of expenses incurred by employees when traveling on duty away from their homes. Per diem charges can be tackle in logistics or accounting to cover predictable daily cost, streamline financial bill, or monitoring and get the job done.
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