What is allowance amount in SAP BNS-CON - Concur?

SAP Term: allowance amount

• Component: BNS-CON

• Component Name: Concur

• Description: The maximum monetary total that is reimbursable for an expense.

Smart SAP Assistant

• Key Concepts: 
  Allowance amount is a feature of the BNS-CON Concur Expense component of SAP. It is a set amount of money that an employee can use to cover expenses related to their job. This amount is predetermined by the employer and can be used for any expense that is related to the employee's job. 
  
  How to Use It: 
  The allowance amount feature of BNS-CON Concur Expense allows employers to set a predetermined amount of money that employees can use for job-related expenses. This amount can be used for any expense that is related to the employee's job, such as travel, meals, and other business expenses. The allowance amount can be adjusted at any time by the employer. 
  
  Tips & Tricks: 
  When setting an allowance amount for employees, it is important to consider the type of expenses they will be incurring and the frequency of those expenses. It is also important to ensure that the allowance amount is sufficient to cover all necessary expenses without going over budget. 
  
  Related Information: 
  The allowance amount feature of BNS-CON Concur Expense is just one of many features available in SAP software. Other features include expense tracking, budgeting, and reporting capabilities. Additionally, SAP offers a variety of other software solutions that can help businesses manage their finances more effectively.