What is the difference between the actual method of accounting and the per diem method of accounting?
A. With actual, “Travelers must submit an original receipt for all meal expenses” and to ensure amounts are kept at a reasonable level, the University will reimburse travelers up to a limit of $40 per day per person. Per Diem reimbursement for meal expenses while travelling in the Continental United States is limited to the Standard CONUS rate, which is currently $31.
