What is open quantity in SAP PSM-FM - Funds Management?

SAP Term: open quantity

• Component: PSM-FM

• Component Name: Funds Management

• Description: Displays the maximum quantity that you can post to an account assignment item with a final account assignment indicator when creating an incoming invoice. The system calculates the open quantity as the difference between the final account assignment quantity and the invoice quantities that were previously posted to the account assignment item. If you have not activated the US Federal Government functions in Customizing, the system includes invoices with the status "parked as complete" and "parked released" when calculating the quantity.

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• Key Concepts: 
  Open quantity is a term used in SAP Funds Management (PSM-FM) to refer to the amount of funds that have been allocated to a particular project or activity, but have not yet been used. This amount is tracked in the system and can be used to monitor the progress of a project or activity. 
  
  How to use it: 
  In SAP Funds Management, open quantity is used to track the amount of funds that have been allocated to a particular project or activity. This information can be accessed by navigating to the Funds Management module and selecting the “Open Quantity” tab. From here, users can view the total amount of funds allocated, as well as the amount that has been used and the amount that is still available. 
  
  Tips & Tricks: 
  It is important to keep track of open quantity in order to ensure that projects and activities are being completed within budget. Additionally, it is important to regularly review open quantity in order to identify any potential issues or discrepancies that may arise. 
  
  Related Information: 
  For more information on open quantity in SAP Funds Management, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SAP_PSM_FM/latest/en-US.