What is letter of rejection in SAP PSM-GM - Grants Management?

SAP Term: letter of rejection

• Component: PSM-GM

• Component Name: Grants Management

• Description: Letter from a grantor to decline an application for a grant.

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• Key Concepts: 
  A letter of rejection is a document sent by an organization to a grant applicant to inform them that their application has been unsuccessful. It is used in the SAP Grants Management (PSM-GM) component to communicate the decision of the organization to the applicant. 
  
  How to use it: 
  In SAP Grants Management, a letter of rejection is generated when an application is rejected. The letter can be customized with the organization’s logo, contact information, and other relevant details. The letter should include the reason for the rejection and any other relevant information. 
  
  Tips & Tricks: 
  When creating a letter of rejection, it is important to be clear and concise. The letter should be professional and courteous, and should provide the applicant with any additional information they may need. 
  
  Related Information: 
  The SAP Grants Management component also includes letters of acceptance, which are sent to applicants whose applications have been successful.