What is fee in SAP PSM-GPR - Procurement for Public Sector?

SAP Term: fee

• Component: PSM-GPR

• Component Name: Procurement for Public Sector

• Description: The amount paid to the supplier as a profit for providing goods or services. Three primary types of fee are used in the public sector: fixed fee, incentive fee, and award fee.

Smart SAP Assistant

• Key Concepts: 
  Fee is a term used in the Procurement for Public Sector (PSM-GPR) component of SAP. It is a type of charge that is applied to goods or services purchased by a public sector organization. This fee can be either a fixed amount or a percentage of the total cost of the purchase. 
  
  How to use it: 
  In SAP, fees are set up in the PSM-GPR component and are associated with specific goods or services. When an organization purchases these goods or services, the fee will be automatically applied to the total cost. The fee can be adjusted at any time by changing the settings in the PSM-GPR component. 
  
  Tips & Tricks: 
  When setting up fees in SAP, it is important to ensure that they are accurate and up-to-date. This will help to ensure that organizations are not overcharged for their purchases. Additionally, it is important to keep track of any changes made to fees in order to ensure that they are properly applied when making purchases. 
  
  Related Information: 
  For more information on setting up fees in SAP, please refer to the official SAP documentation on the PSM-GPR component. Additionally, there are many online resources available that provide detailed instructions on how to set up and manage fees in SAP.