What is 'expenditure document' in SAP PSM-EC - Expenditure Certification?

expenditure document - Overview

• Component: PSM-EC

• Component Name: Expenditure Certification

• Description: A document used for the certification of expenditures in public organizations. Only invoices can be certified in this way.

expenditure document - Details

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  Key Concepts: 
  An expenditure document is a document used in the SAP PSM-EC Expenditure Certification component to record and track the expenditure of funds. It is used to record the amount of money spent on a particular project or activity, and to ensure that the funds are being used in accordance with the budget. 
  
  How to use it: 
  The expenditure document is created in SAP PSM-EC and is used to track the expenditure of funds. The document contains information such as the amount of money spent, the date of expenditure, and the purpose of the expenditure. The document can be used to monitor and control spending, as well as to ensure that funds are being used in accordance with the budget. 
  
  Tips & Tricks: 
  When creating an expenditure document, it is important to ensure that all relevant information is included. This includes the amount of money spent, the date of expenditure, and the purpose of the expenditure. Additionally, it is important to ensure that all documents are properly signed and approved before they are submitted for approval. 
  
  Related Information: 
  The SAP PSM-EC Expenditure Certification component is part of SAP's Project System module. It is used to manage and track expenditures related to projects and activities. Additionally, it can be used to monitor and control spending, as well as to ensure that funds are being used