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

SAP Term: certification accountant

• Component: PSM-EC

• Component Name: Expenditure Certification

• Description: The certification accountant executes certification runs for financing sources with the right parameters at the right time. He or she does that for some or all of the organization's financing sources and projects. The certification accountant also distributes preliminary certification results to those responsible for checking them, maintains any manual changes required, and saves the results as final.

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• Key Concepts: 
  A certification accountant is a user in the SAP system who is responsible for certifying expenditure in the PSM-EC Expenditure Certification component. This user is responsible for ensuring that all expenditures are properly documented and approved before they are posted to the general ledger. The certification accountant must also ensure that all expenditures are in compliance with company policies and procedures. 
  
  How to use it: 
  The certification accountant must first log into the SAP system and navigate to the PSM-EC Expenditure Certification component. Once there, they will be able to view all pending expenditures that need to be certified. The certification accountant must then review each expenditure and ensure that it is properly documented and approved before it can be posted to the general ledger. 
  
  Tips & Tricks: 
  It is important for the certification accountant to be familiar with company policies and procedures in order to ensure that all expenditures are in compliance. Additionally, it is important for the certification accountant to stay up-to-date on any changes or updates to company policies and procedures. 
  
  Related Information: 
  The certification accountant should also be familiar with other components of the SAP system, such as the General Ledger, Accounts Payable, and Accounts Receivable components. Additionally, they should be familiar with other financial reporting tools such as Microsoft Excel and Access.