What is Data Universal Numbering System in SAP PSM-FG - Functions for U.S. Federal Government?

SAP Term: Data Universal Numbering System

• Component: PSM-FG

• Component Name: Functions for U.S. Federal Government

• Description: Unique nine-character identification number provided by Dun and Bradstreet for use in Central Contractor Registration CCR. A separate number is required for each physical location of a company entered in CCR.

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• Key Concepts: 
  The Data Universal Numbering System (DUNS) is a nine-digit identification number used by the U.S. Federal Government to identify and track businesses. It is used to identify and track businesses for the purpose of awarding contracts and grants, and for other government-related activities. The DUNS number is assigned by Dun & Bradstreet, a private company that maintains a database of business information. 
  
  How to use it: 
  The PSM-FG Functions for U.S. Federal Government component of SAP enables organizations to manage their DUNS numbers within the SAP system. This component allows organizations to store and maintain their DUNS numbers in the SAP system, as well as to generate reports based on the DUNS numbers. 
  
  Tips & Tricks: 
  When entering a DUNS number into the SAP system, it is important to ensure that the number is entered correctly. If the number is entered incorrectly, it may result in incorrect data being reported or incorrect payments being made. 
  
  Related Information: 
  The DUNS number is just one of many identifiers used by the U.S. Federal Government to track businesses. Other identifiers include the Employer Identification Number (EIN), the Central Contractor Registration (CCR) number, and the System for Award Management (SAM) number.