What is passthrough grant in SAP PSM-GM - Grants Management?

SAP Term: passthrough grant

• Component: PSM-GM

• Component Name: Grants Management

• Description: Umbrella term covering both the incoming grant and outgoing grant in passthrough funding.

Smart SAP Assistant

• Key Concepts: 
  A passthrough grant is a type of grant that is used to transfer funds from one organization to another. It is a way for organizations to provide financial assistance to other organizations without having to manage the funds themselves. The organization receiving the funds is known as the “grantee” and the organization providing the funds is known as the “grantor”. 
  
  How to use it: 
  In SAP PSM-GM Grants Management, passthrough grants are used to transfer funds from one organization to another. The grantor will create a grant request in SAP PSM-GM and specify the amount of money they wish to transfer. The grantee will then accept the request and receive the funds. 
  
  Tips & Tricks: 
  When creating a passthrough grant request in SAP PSM-GM, it is important to ensure that all of the necessary information is included in the request. This includes the amount of money being transferred, the purpose of the grant, and any other relevant information. Additionally, it is important to ensure that both parties are in agreement on all terms before proceeding with the transfer. 
  
  Related Information: 
  Passthrough grants are just one type of grant available in SAP PSM-GM Grants Management. Other types of grants include direct grants, matching grants, and incentive grants. Additionally, SAP PSM-GM also provides tools for managing grant applications, tracking grant payments, and reporting on grant performance.