What is recurring charges in SAP BNS-CON - Concur?

SAP Term: recurring charges

• Component: BNS-CON

• Component Name: Concur

• Description: In Expense, the lodging wizard is specifically designed to address the recurring daily expenses of a hotel stay. This common term does not have a unique meaning within a product.

Smart SAP Assistant

• Key Concepts: 
  Recurring charges are a type of expense that is charged on a regular basis. This could include subscription fees, membership dues, or any other type of recurring payment. In the case of BNS-CON Concur Expense, recurring charges are expenses that are charged on a regular basis for services such as travel, entertainment, and other business expenses. 
  
  How to use it: 
  Recurring charges can be set up in BNS-CON Concur Expense by creating a recurring expense template. This template will allow you to enter the details of the expense, such as the amount, frequency, and payment method. Once the template is created, it can be used to automatically generate recurring charges for the specified period of time. 
  
  Tips & Tricks: 
  When setting up a recurring expense template in BNS-CON Concur Expense, it is important to ensure that all of the details are accurate and up-to-date. This will help to ensure that the correct amount is charged each time and that there are no discrepancies between the actual cost and what is being charged. Additionally, it is important to review the template periodically to make sure that any changes in the cost or frequency of the charge are reflected in the template. 
  
  Related Information: 
  For more information on setting up and managing recurring charges in BNS-CON Concur Expense, please refer to the official documentation provided by SAP. Additionally, there are many online resources available that provide helpful tips and tricks for managing recurring expenses in this software.