What is 'funding date' in SAP BNS-CON - Concur?

funding date - Overview

• Component: BNS-CON

• Component Name: Concur

• Description: The calendar date when the money went into the bank account.

funding date - Details

• 
  Key Concepts: 
  Funding Date is a term used in SAP Concur Expense to refer to the date when an expense report is funded. This is the date when the funds are released to the employee for reimbursement of their expenses. 
  
  How to use it: 
  The Funding Date is set by the company's finance department and is typically the same as the date when the expense report was approved. The Funding Date can be found on the expense report details page in SAP Concur Expense. 
  
  Tips & Tricks: 
  It is important to note that the Funding Date may not always be the same as the date when the expense report was submitted. This is because there may be a delay between when an expense report is submitted and when it is approved and funded. 
  
  Related Information: 
  The Funding Date is related to other terms such as Approval Date, which refers to the date when an expense report was approved, and Submission Date, which refers to the date when an expense report was submitted.