What is certification in SAP PSM-EC - Expenditure Certification?

SAP Term: certification

• Component: PSM-EC

• Component Name: Expenditure Certification

• Description: The justification of an incurred expenditure by a statement confirming that the expenditure is compliant with the terms and conditions of the financial assistance given.

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• Key Concepts: 
  SAP certification is a process of validating the knowledge and skills of an individual in a particular SAP module or solution. The PSM-EC Expenditure Certification is a certification program that focuses on the SAP Public Sector Management Expenditure Certification (PSM-EC) module. This certification is designed to assess the knowledge and skills of an individual in the areas of budgeting, planning, and controlling public sector expenditure. 
  
  How to use it: 
  The PSM-EC Expenditure Certification is a two-part exam that consists of a written exam and a practical exam. The written exam covers topics such as budgeting, planning, and controlling public sector expenditure. The practical exam tests the individual’s ability to use the SAP PSM-EC module to create and manage budgets, plans, and controls. 
  
  Tips & Tricks: 
  When preparing for the PSM-EC Expenditure Certification exam, it is important to have a good understanding of the SAP PSM-EC module and its features. It is also important to practice using the module in order to become familiar with its functions and capabilities. Additionally, it is helpful to review sample questions from previous exams in order to get an idea of what types of questions may be asked on the exam. 
  
  Related Information: 
  The SAP Education website provides information about the PSM-EC Expenditure Certification program, including details about the exam structure, topics covered, and study materials. Additionally, there are several online resources available that provide tips and advice for preparing for the certification exam.