How to Adjust for the Mileage Reimbursement Rate Increase in Deltek Expense
Happy New Year! The IRS has continued its annual tradition of changing the mileage reimbursement rate. The new rate is 56.5 cents per mile, which is up an entire penny from last year! Did you update your mileage rate in Deltek Expense? If you forgot, it’s ok – just follow these easy steps:
1.Log into Time & Expense
2.Go to Expense Setup/Expense Types
3.Search for any of your Mileage Expense Types (The number may vary depending on your specific setup)
4.Go to the Rates/Ceilings tab
5.Click “Add Rate/Ceiling”
6.Change the Effective Date to Jan 1st 2013
7.Enter the new rate of .565
9.If you have multiple mileage expense types, complete the previous steps for all of them.
If employees have already added mileage against the wrong rate, they will need to re-add those mileage expenses.
If you could use additional help with Deltek Expense, please contact us.