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

SAP Term: certification procedure

• Component: PSM-EC

• Component Name: Expenditure Certification

• Description: Specific sequence of certification phases in a certification. The sponsor specifies how the expenditures are to be certified.

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• Key Concepts: 
  The SAP certification procedure is a process used to ensure that all expenditures made by an organization are properly documented and approved. It is part of the SAP PSM-EC (Procurement and Spend Management - Expenditure Certification) module. The certification procedure requires that all expenditures be reviewed and approved by the appropriate personnel before they can be processed. This ensures that all expenditures are properly documented and accounted for.
  
  How to use it: 
  The certification procedure is initiated when an expenditure is made. The expenditure must be reviewed and approved by the appropriate personnel before it can be processed. Once the expenditure has been approved, it is then processed and recorded in the SAP system. The certification procedure helps to ensure that all expenditures are properly documented and accounted for.
  
  Tips & Tricks: 
  It is important to ensure that all personnel involved in the certification process are familiar with the SAP system and understand how to use it correctly. Additionally, it is important to ensure that all expenditures are properly documented and approved before they can be processed. This will help to ensure that all expenditures are properly accounted for.
  
  Related Information: 
  The SAP PSM-EC module also includes other features such as budgeting, forecasting, and reporting. Additionally, there are other modules within the SAP system that can be used in conjunction with the certification procedure, such as the Procurement and Spend Management - Contract Management module.