What is stay in SAP AP-ERM - FIN-Expense and Reimbursement Management?

SAP Term: stay

• Component: AP-ERM

• Component Name: FIN-Expense and Reimbursement Management

• Description: The temporary presence of an expense reporter at a destination.

Smart SAP Assistant

• Key Concepts: 
  Stay is a feature in SAP ERM that allows users to track and manage their expenses and reimbursements. It allows users to create and manage expense reports, track expenses, and submit reimbursement requests. It also provides an overview of the status of each expense report.
  
  How to use it: 
  To use the Stay feature, users must first create an expense report. This can be done by entering the details of the expenses incurred, such as the date, amount, and purpose. Once the report is created, users can track their expenses and submit reimbursement requests. They can also view the status of each expense report.
  
  Tips & Tricks: 
  It is important to keep track of all expenses incurred in order to ensure that all expenses are accounted for when submitting reimbursement requests. Additionally, it is important to keep all receipts in order to provide proof of purchase when submitting reimbursement requests.
  
  Related Information: 
  The Stay feature is part of SAP ERM, which is a comprehensive solution for managing expenses and reimbursements. It also includes features such as travel management, budgeting, and reporting. Additionally, SAP ERM integrates with other SAP solutions such as SAP Ariba and SAP Concur for a more comprehensive expense management solution.