What is payment method in SAP BNS-CON - Concur?

SAP Term: payment method

• Component: BNS-CON

• Component Name: Concur

• Description: A method of payment assigned to a payment type that can be selected by the user.

Smart SAP Assistant

• Key Concepts: 
  Payment method is a feature of the BNS-CON Concur Expense component of SAP software. It allows users to define how they want to pay for expenses, such as with a credit card, cash, or check. The payment method can be set up for individual expenses or for a group of expenses. 
  
  How to use it: 
  To set up a payment method in BNS-CON Concur Expense, users must first log into their SAP account. Once logged in, they can navigate to the “Payment Method” tab and select the desired payment option. They can then enter the details of the payment method, such as the credit card number or bank account information. Once saved, the payment method will be applied to all future expenses. 
  
  Tips & Tricks: 
  When setting up a payment method in BNS-CON Concur Expense, it is important to double-check all information entered to ensure accuracy. This will help avoid any issues when processing payments. Additionally, users should be aware that some payment methods may incur additional fees or charges. 
  
  Related Information: 
  For more information on setting up and using payment methods in BNS-CON Concur Expense, users can refer to the official SAP documentation or contact their SAP support team.