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  1. SAP Glossary
  2. Concur
  3. currency gain and or loss


What is currency gain and or loss in SAP BNS-CON - Concur?


SAP Term: currency gain and or loss

  • Component: BNS-CON

  • Component Name: Concur

  • Description: An expense type referring to an amount gained or lost in a currency exchange.


Smart SAP Assistant

  • Key Concepts: 
    Currency gain and or loss is a term used in SAP Concur Expense to describe the difference between the amount of money that was originally charged for an expense and the amount of money that was actually paid. This difference is caused by fluctuations in the exchange rate between the two currencies. 
    
    How to use it: 
    In SAP Concur Expense, currency gain and or loss is calculated automatically when an expense is created. The system will compare the exchange rate at the time of the transaction to the current exchange rate and calculate any difference. This difference will be reflected in the total amount paid for the expense. 
    
    Tips & Tricks: 
    It is important to keep track of currency gain and or loss when creating expenses in SAP Concur Expense. This will help ensure that all expenses are accurately accounted for and that any discrepancies are identified and addressed quickly. 
    
    Related Information: 
    For more information on currency gain and or loss in SAP Concur Expense, please refer to the official documentation provided by SAP.
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