What is expired vendor in SAP PSM-FG - Functions for U.S. Federal Government?

SAP Term: expired vendor

• Component: PSM-FG

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

• Description: Suppliers wishing to do business with the United States government must register with Central Contractor Registration CCR and renew that registration annually. The status "expired" is applied to suppliers whose registration has not been renewed, but who have not yet been deleted from CCR.

Smart SAP Assistant

• Key Concepts:
  An expired vendor is a vendor who has not been active in the system for a certain period of time. This period of time is determined by the user and can be set to any length. The vendor will be marked as expired in the system and will no longer be able to receive payments or orders.
  
  How to use it:
  In order to use the expired vendor feature, you must first set up the expiration date for each vendor. This can be done in the Vendor Master Data screen. Once the expiration date has been set, the system will automatically mark any vendors who have not been active for that period of time as expired.
  
  Tips & Tricks:
  It is important to keep track of your vendors’ expiration dates so that you can ensure that they are still active in the system. You can also use this feature to help manage your vendor list by removing vendors who are no longer active.
  
  Related Information:
  The expired vendor feature is part of SAP’s PSM-FG Functions for U.S. Federal Government module. This module provides a range of features designed specifically for government agencies, including features related to procurement, budgeting, and reporting.