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

SAP Term: payment status

• Component: BNS-CON

• Component Name: Concur

• Description: The reimbursement status of an expense report, for example, pending payment, paid, or approved for payment.

Smart SAP Assistant

• Key Concepts: 
  Payment status is a feature of the BNS-CON Concur Expense component of SAP software. It is used to track the progress of payments made to vendors and employees. Payment status can be set to one of four values: Pending, Paid, Cancelled, or Rejected. 
  
  How to use it: 
  Payment status can be set manually or automatically. To set it manually, go to the Payments tab in the BNS-CON Concur Expense component and select the payment you wish to update. Then, select the desired payment status from the drop-down menu. To set it automatically, you can configure the system to update payment status based on certain criteria such as payment date or amount. 
  
  Tips & Tricks: 
  It is important to keep track of payment status in order to ensure that payments are made on time and accurately. To make this easier, you can create reports that show all payments with their respective statuses. This will help you quickly identify any payments that need attention. 
  
  Related Information: 
  For more information on payment status in BNS-CON Concur Expense, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/BNS_CON_EXPENSE/latest/en-US/f9f8d7a2b3e14c8a9f3d7c6b2f5e4d1a.html