What is entitled to cover in SAP PSM-FM - Funds Management?

SAP Term: entitled to cover

• Component: PSM-FM

• Component Name: Funds Management

• Description: An expenditure FM account assignment budget address that can potentially cover the budget of other expenditure FM account assignments, but does not provide consumable budget itself.

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• Key Concepts: 
  Entitled to cover is a term used in SAP Funds Management (PSM-FM) to refer to the amount of funds that are available for a particular purpose. It is the total amount of funds that can be used for a specific purpose, such as a project or an activity. 
  
  How to use it: 
  In SAP Funds Management, entitled to cover is used to determine the amount of funds that can be allocated for a particular purpose. This amount is determined by taking into account the budget allocated for the purpose, as well as any other restrictions or limitations that may apply. Once the entitled to cover amount has been determined, it can then be used to allocate funds for the purpose. 
  
  Tips & Tricks: 
  When determining the entitled to cover amount, it is important to take into account any restrictions or limitations that may apply. This will ensure that the amount of funds allocated for a particular purpose is not exceeded. Additionally, it is important to keep track of any changes in the entitled to cover amount, as this can affect the budget and other allocations. 
  
  Related Information: 
  For more information on entitled to cover in SAP Funds Management, please refer to the SAP Help Portal. Additionally, there are several online resources available that provide detailed information on how to use this feature in SAP Funds Management.