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

SAP Term: credit account

• Component: BNS-CON

• Component Name: Concur

• Description: With reference to the company card account.

Smart SAP Assistant

• Key Concepts: 
  A credit account in SAP BNS-CON Concur is a type of account that allows customers to purchase goods and services on credit. This type of account is typically used by businesses to manage their cash flow and to provide customers with the convenience of purchasing goods and services without having to pay upfront. 
  
  How to use it: 
  To use a credit account in SAP BNS-CON Concur, customers must first apply for a credit account with the company. Once approved, customers can then use their credit account to purchase goods and services from the company. Customers can also use their credit accounts to pay for goods and services over time, as long as they make the minimum payments required by the company. 
  
  Tips & Tricks: 
  When using a credit account in SAP BNS-CON Concur, it is important to keep track of all purchases made with the account. This will help customers stay on top of their payments and avoid any late fees or penalties. Additionally, customers should always make sure that they are aware of any interest rates or other fees associated with their credit accounts. 
  
  Related Information: 
  For more information about using a credit account in SAP BNS-CON Concur, customers can contact the company directly or visit their website for more information. Additionally, customers can also consult with a financial advisor or accountant for advice on how best to manage their credit accounts.