What is personal expense in SAP BNS-CON - Concur?

SAP Term: personal expense

• Component: BNS-CON

• Component Name: Concur

• Description: The amount of an expense incurred for private purposes, which is not reimbursable. For example, costs for a movie or mini bar on a hotel bill.

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• Key Concepts: 
  Personal expense is a term used in SAP Concur, a cloud-based travel and expense management system. It refers to any expense incurred by an individual for business purposes, such as meals, transportation, and lodging. These expenses are typically reimbursed by the employer. 
  
  How to use it: 
  In SAP Concur, personal expenses are managed through the Expense module. This module allows users to enter their expenses, attach receipts, and submit them for approval. Once approved, the expenses are sent to the accounting department for reimbursement. 
  
  Tips & Tricks: 
  When entering personal expenses in SAP Concur, it is important to provide as much detail as possible. This includes the date of the expense, the amount spent, and a description of what was purchased. Additionally, it is important to attach any relevant receipts or invoices to ensure that the expense is approved quickly and accurately. 
  
  Related Information: 
  SAP Concur also offers other features related to personal expenses, such as travel booking and policy management. Additionally, there are several third-party integrations available that can help streamline the expense management process.