What is remittance advice in SAP BNS-CON - Concur?

SAP Term: remittance advice

• Component: BNS-CON

• Component Name: Concur

• Description: The information accompanying payment that informs the receiver about what the payment covers such as payment amount, date, or status. Also, the name of a tab in the user interface.

Smart SAP Assistant

• Key Concepts: 
  Remittance advice is a document sent by a customer to a supplier to inform them of the payment made for goods or services. It is typically sent along with the payment and includes details such as the invoice number, payment amount, and payment date. In SAP Concur, remittance advice is used to provide customers with an automated way to send payment information to their suppliers. 
  
  How to use it: 
  In SAP Concur, remittance advice can be generated automatically when a payment is made. The remittance advice will include all relevant information about the payment, such as the invoice number, payment amount, and payment date. The remittance advice can then be sent directly to the supplier via email or printed and mailed. 
  
  Tips & Tricks: 
  When generating a remittance advice in SAP Concur, it is important to ensure that all relevant information is included. This includes the invoice number, payment amount, and payment date. Additionally, it is important to double-check that the information is accurate before sending it to the supplier. 
  
  Related Information: 
  For more information on remittance advice in SAP Concur, please refer to the official documentation here: https://help.sap.com/viewer/product/CONCUR/en-US/f9f8d7a2b3e14c8a9f3d7c6b2f5e4d1a.html