What is 'receipt limit' in SAP BNS-CON - Concur?

receipt limit - Overview

• Component: BNS-CON

• Component Name: Concur

• Description: An amount that defines the limit above which an expense requires a receipt to be sent to the accounting department.

receipt limit - Details

• 
  Key Concepts: 
  Receipt limit is a feature of the BNS-CON Concur component of SAP software. It allows users to set a limit on the amount of money that can be spent on a single receipt. This helps to ensure that expenses are kept within budget and that all receipts are accounted for. 
  
  How to use it: 
  To use the receipt limit feature, users must first set up a budget in the BNS-CON Concur component. Once the budget is set, users can then set a limit on the amount of money that can be spent on a single receipt. This limit can be adjusted at any time, depending on the user’s needs. 
  
  Tips & Tricks: 
  It is important to remember that the receipt limit feature only applies to individual receipts. If multiple receipts are needed for a single purchase, the total amount spent will exceed the receipt limit. Therefore, it is important to keep track of all receipts and ensure that they are within budget. 
  
  Related Information: 
  The receipt limit feature is part of the BNS-CON Concur component of SAP software. Other features of this component include expense tracking, budgeting, and reporting. For more information about this component, please visit SAP’s website.