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

SAP Term: personal rate

• Component: BNS-CON

• Component Name: Concur

• Description: The rate of reimbursement for automobile travel per unit of distance miles for travel that was personal rather than business in nature.

Smart SAP Assistant

• Key Concepts: 
  Personal rate is a feature in SAP Concur Expense that allows users to set their own rates for expenses such as mileage, meals, and lodging. This feature allows users to customize their expense rates based on their individual needs and preferences. 
  
  How to use it: 
  To use the personal rate feature, users must first log into their SAP Concur Expense account. Once logged in, they can navigate to the “Settings” tab and select “Personal Rates” from the drop-down menu. From there, users can enter their desired rates for each expense type. 
  
  Tips & Tricks: 
  When setting personal rates, it is important to remember that these rates will be used for all future expenses. Therefore, it is important to ensure that the rates are accurate and up-to-date. Additionally, users should be aware that personal rates may not be accepted by certain organizations or companies. 
  
  Related Information: 
  For more information about personal rate in SAP Concur Expense, please refer to the official SAP Concur Expense documentation. Additionally, users can contact their organization’s SAP Concur Expense administrator for further assistance.