What is public-owned commercial operation in SAP PSM-FM - Funds Management?

SAP Term: public-owned commercial operation

• Component: PSM-FM

• Component Name: Funds Management

• Description: Public-owned commercial operations are institutions with the intention of generating continuous revenues and are maintained by the state. Works for generating revenues for forestry and agriculture are excluded. Revenues from public-owned commercial operations are subject to tax corporation tax, trade tax. Public-owned commercial operations are also entitled to deduct input tax.

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• Key Concepts: 
  Public-owned commercial operation is a term used in SAP Funds Management (PSM-FM) to refer to a business entity that is owned by the public sector. This type of entity is typically used to manage public funds, such as taxes, grants, and other government-related funds. It is also used to manage investments and other financial activities related to the public sector. 
  
  How to use it: 
  In SAP Funds Management, public-owned commercial operations are used to manage public funds and investments. This includes tracking and managing the flow of funds, as well as monitoring the performance of investments. The system also provides reporting capabilities to help users analyze the performance of their investments. 
  
  Tips & Tricks: 
  When setting up a public-owned commercial operation in SAP Funds Management, it is important to ensure that all relevant information is accurately entered into the system. This includes details such as the name of the entity, its address, and any other relevant information. Additionally, it is important to ensure that all transactions are properly recorded in order to ensure accurate reporting and analysis. 
  
  Related Information: 
  Public-owned commercial operations are just one type of entity that can be managed in SAP Funds Management. Other types of entities include private companies, non-profit organizations, and government agencies. Additionally, SAP Funds Management can be used to manage investments in stocks, bonds, mutual funds, and other financial instruments.