What is 'allowance limit' in SAP BNS-CON - Concur?

allowance limit - Overview

• Component: BNS-CON

• Component Name: Concur

• Description: Total daily currency maximum for meals, incidentals, or lodging that the user will be reimbursed as predefined either by the company or by the government.

allowance limit - Details

• 
  Key Concepts: 
  Allowance limit is a feature of the BNS-CON Concur Expense component of SAP software. It allows an organization to set a maximum amount that can be spent on a particular expense item. This limit can be set for individual employees or for the entire organization. 
  
  How to use it: 
  Allowance limit can be set up in the BNS-CON Concur Expense component of SAP software. The limit can be set for individual employees or for the entire organization. The limit can be set for a specific expense item or for all expense items. Once the limit is set, it will be enforced when an employee attempts to submit an expense report. 
  
  Tips & Tricks: 
  When setting up allowance limits, it is important to consider the needs of the organization and its employees. Allowance limits should be set at a level that is reasonable and achievable for employees, while still providing enough control to ensure that expenses are kept within budget. 
  
  Related Information: 
  Allowance limits are just one of many features available in the BNS-CON Concur Expense component of SAP software. Other features include expense report approval workflow, automated payment processing, and reporting capabilities.