What is meals rate in SAP BNS-CON - Concur?

SAP Term: meals rate

• Component: BNS-CON

• Component Name: Concur

• Description: The currency amount provided to a user according to the company's travel policy or allowed by a country's tax laws.

Smart SAP Assistant

• Key Concepts: 
  Meals rate is a feature of the BNS-CON Concur Expense component of SAP software. It allows users to set a maximum amount for meals that can be reimbursed when an employee submits an expense report. This rate is typically set by the company and is used to ensure that employees are not overspending on meals while traveling for business.
  
  How to Use It: 
  To use the meals rate feature, first log into the BNS-CON Concur Expense component of SAP software. Then, navigate to the settings page and select the “Meals Rate” option. Here, you can enter the maximum amount that can be reimbursed for meals when an employee submits an expense report. Once you have entered the rate, click “Save” to apply it. 
  
  Tips & Tricks: 
  When setting a meals rate, it is important to consider the cost of living in the area where your employees will be traveling. This will help ensure that they are not overspending on meals while on business trips. Additionally, it is important to review and update your meals rate periodically to ensure that it is still in line with current costs. 
  
  Related Information: 
  For more information about the meals rate feature of BNS-CON Concur Expense, please refer to SAP’s official documentation here: https://help.sap.com/viewer/product/BNS_CON_EXPENSE/latest/en-US/f9f8d7a2b3e14c8a9f3d7c6b2f5e4d1a.html