What is currency in SAP BNS-CON - Concur?

SAP Term: currency

• Component: BNS-CON

• Component Name: Concur

• Description: Monetary currency.

Smart SAP Assistant

• Key Concepts: 
  Currency in SAP Concur Expense is a feature that allows users to manage expenses in multiple currencies. It allows users to enter expenses in the currency of their choice, and then convert them into the company’s base currency for reporting and reimbursement. 
  
  How to Use It: 
  To use the currency feature in SAP Concur Expense, users must first set up their base currency. This is the currency that all other currencies will be converted into. Once the base currency is set up, users can enter expenses in any other currency and the system will automatically convert them into the base currency. 
  
  Tips & Tricks: 
  When entering expenses in a foreign currency, it is important to make sure that the exchange rate used is up-to-date. This will ensure that the converted amount is accurate and that there are no discrepancies when it comes time to reimburse or report on expenses. 
  
  Related Information: 
  For more information on how to use the currency feature in SAP Concur Expense, please refer to the official documentation here: https://help.sap.com/viewer/product/CONCUR_EXPENSE/Cloud/en-US/f9f3d7a8b2e04c8f9a7d6c3e2b7f5d1a.html