What is expenditure ceiling in SAP PSM-EC - Expenditure Certification?

SAP Term: expenditure ceiling

• Component: PSM-EC

• Component Name: Expenditure Certification

• Description: Maximum total of eligible expenditures to be considered during one or several certification runs. The expenditure ceiling is defined for a financing source.

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• Key Concepts: 
  Expenditure ceiling is a feature of the SAP PSM-EC Expenditure Certification component. It is used to set a limit on the amount of money that can be spent on a particular project or activity. This limit is set by the organization and can be adjusted as needed. The expenditure ceiling helps to ensure that the organization does not overspend on a particular project or activity. 
  
  How to use it: 
  The expenditure ceiling is set by the organization and can be adjusted as needed. The organization can set different ceilings for different projects or activities. The expenditure ceiling can be used to ensure that the organization does not overspend on a particular project or activity. 
  
  Tips & Tricks: 
  It is important to regularly review and adjust the expenditure ceiling as needed. This will help ensure that the organization does not overspend on a particular project or activity. It is also important to ensure that all employees are aware of the expenditure ceiling and understand how it works. 
  
  Related Information: 
  The SAP PSM-EC Expenditure Certification component also includes features such as budgeting, cost control, and reporting. These features can help organizations manage their spending more effectively and ensure that they stay within their expenditure ceilings.