What is 'reimbursable order' in SAP PSM-FG - Functions for U.S. Federal Government?

reimbursable order - Overview

• Component: PSM-FG

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

• Description: A contract between a Federal government agency and another entity, which may also be a Federal agency, whereby the delivering agency supplies goods or services to the other entity, whom it may then bill for the costs.

reimbursable order - Details

• 
  Key Concepts: 
  A reimbursable order is a type of purchase order used in the U.S. Federal Government's Project System Management (PSM) and Functional Group (FG) functions. It is used to purchase goods or services from a vendor and then be reimbursed by the government for the cost of the goods or services. The vendor is paid in full at the time of purchase, and then the government pays back the vendor for the cost of the goods or services. 
  
  How to use it: 
  To create a reimbursable order, you must first create a purchase order in SAP. Once you have created the purchase order, you can select the “Reimbursable” option from the drop-down menu. This will indicate that the purchase order is a reimbursable order and will be paid back by the government. You will then need to enter all of the necessary information about the vendor, such as their name, address, and contact information. Once this is done, you can submit the purchase order for approval. 
  
  Tips & Tricks: 
  When creating a reimbursable order, it is important to make sure that all of the necessary information is entered correctly. This includes not only the vendor’s contact information but also any other relevant information such as payment terms and delivery dates. Additionally, it is important to ensure that all of the necessary documents are included