What is base currency in SAP BNS-CON - Concur?

SAP Term: base currency

• Component: BNS-CON

• Component Name: Concur

• Description: In Expense, when viewing assigned cash advances, the employee will see both the issued and the base currencies, with the issued currency below the base currency the user is familiar with. This common term does not have a unique meaning within a product.

Smart SAP Assistant

• Key Concepts: 
  Base currency is the currency used to record all transactions in SAP Concur Expense. It is the currency that all other currencies are converted to when entering expenses into the system. This currency is set up in the system and cannot be changed. 
  
  How to use it: 
  When entering expenses into SAP Concur Expense, the base currency will be used as the default currency. All other currencies will be converted to the base currency when entering expenses. This ensures that all expenses are recorded in a consistent manner. 
  
  Tips & Tricks: 
  When entering expenses, make sure to select the correct currency for each expense. This will ensure that the expense is converted correctly to the base currency. Additionally, make sure to check the exchange rate used for each expense to ensure accuracy. 
  
  Related Information: 
  For more information on base currency and how it works in SAP Concur Expense, please refer to the SAP Concur Expense User Guide.