What is Goods and Service Acknowledgement Standard in SAP AP-GSP - SRM Goods and Service Acknowledgement?

SAP Term: Goods and Service Acknowledgement Standard

• Component: AP-GSP

• Component Name: SRM Goods and Service Acknowledgement

• Description: The processing of confirmations for goods received or services rendered.

Smart SAP Assistant

• Key Concepts: 
  The Goods and Service Acknowledgement Standard (AP-GSP) is a component of SAP SRM (Supplier Relationship Management) that enables companies to track and manage the delivery of goods and services from suppliers. It provides a standardized way to acknowledge the receipt of goods and services, as well as to track the status of orders. 
  
  How to Use it: 
  The AP-GSP component allows companies to create an acknowledgement document for each order they receive from a supplier. This document includes information such as the order number, the date of delivery, and the quantity of goods or services received. The acknowledgement document can then be used to track the status of the order and ensure that all goods and services have been received in a timely manner. 
  
  Tips & Tricks: 
  When creating an acknowledgement document, it is important to include all relevant information such as the order number, date of delivery, and quantity of goods or services received. This will help ensure that all orders are tracked accurately and that any discrepancies can be quickly identified and addressed. 
  
  Related Information: 
  The AP-GSP component is part of SAP SRM, which is a comprehensive suite of tools designed to help companies manage their supplier relationships. Other components of SAP SRM include Supplier Evaluation & Qualification, Contract Management, and Supplier Performance Management.