What is checking account in SAP BNS-CON - Concur?

SAP Term: checking account

• Component: BNS-CON

• Component Name: Concur

• Description: A type of bank account that allows checks to be written against it.

Smart SAP Assistant

• Key Concepts: 
  A checking account is a type of bank account that allows for the withdrawal and deposit of funds. In SAP Concur, a checking account is used to store and manage funds for business expenses. It is linked to the company’s bank account and can be used to pay for expenses such as travel, entertainment, and other business-related costs. 
  
  How to use it: 
  In SAP Concur, a checking account can be set up by linking it to the company’s bank account. Once the account is linked, funds can be transferred from the bank account into the checking account. Funds can then be used to pay for expenses such as travel, entertainment, and other business-related costs. 
  
  Tips & Tricks: 
  It is important to keep track of all transactions made with the checking account in order to ensure that all expenses are accounted for. Additionally, it is important to ensure that there are sufficient funds in the checking account at all times in order to avoid any overdraft fees or other penalties. 
  
  Related Information: 
  For more information on setting up a checking account in SAP Concur, please refer to the official SAP Concur documentation. Additionally, there are many online resources available that provide helpful tips and tricks for managing a checking account in SAP Concur.