What is non-appropriated fund in SAP PSM-FG - Functions for U.S. Federal Government?

SAP Term: non-appropriated fund

• Component: PSM-FG

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

• Description: An instrumentality of the Department of Defense or the Coast Guard. These funds are used for Army and Air Force Exchange Service, Navy Exchange Service Command, Marine Corps exchanges, or any other instrumentality of the United States under the jurisdiction of the armed forces which is conducted for the comfort, pleasure, contentment, or physical or mental improvement of members of the armed forces.

Smart SAP Assistant

• Key Concepts: 
  Non-appropriated fund (NAF) is a type of fund used by the U.S. Federal Government to finance activities that are not related to the government’s core mission. These funds are typically used to finance activities such as morale, welfare, and recreation (MWR) programs, as well as other activities that are not related to the government’s core mission.
  
  How to use it: 
  The SAP Public Sector Management-Funds and Grants (PSM-FG) functions for U.S. Federal Government provide a comprehensive set of tools for managing non-appropriated funds. These tools include budgeting, accounting, and reporting capabilities that enable users to track and manage NAF funds in an efficient and effective manner.
  
  Tips & Tricks: 
  When managing NAF funds, it is important to ensure that all transactions are properly documented and accounted for in order to maintain compliance with applicable regulations. Additionally, it is important to ensure that all transactions are properly authorized in order to prevent any misuse of funds.
  
  Related Information: 
  For more information on the SAP Public Sector Management-Funds and Grants (PSM-FG) functions for U.S. Federal Government, please visit the SAP website at https://www.sap.com/products/public-sector/funds-grants/index.html