What is internal funds in SAP PSM-GM - Grants Management?

SAP Term: internal funds

• Component: PSM-GM

• Component Name: Grants Management

• Description: Money or other resources contributed by a grantee to help fund activities in relation to which a grant has been awarded.

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• Key Concepts: 
  Internal funds are funds that are allocated from within an organization for a specific purpose. In the context of SAP PSM-GM Grants Management, internal funds are used to manage and track the financial resources allocated to a grant or project. 
  
  How to use it: 
  In SAP PSM-GM Grants Management, internal funds can be used to track the financial resources allocated to a grant or project. This includes tracking the budget, expenses, and payments associated with the grant or project. Internal funds can also be used to monitor the progress of the grant or project and ensure that it is meeting its goals. 
  
  Tips & Tricks: 
  When using internal funds in SAP PSM-GM Grants Management, it is important to ensure that all transactions are properly recorded and tracked. This will help ensure that the grant or project is meeting its goals and that all financial resources are being used efficiently. 
  
  Related Information: 
  For more information on using internal funds in SAP PSM-GM Grants Management, please refer to the official SAP documentation.