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

SAP Term: finished

• Component: PSM-GPR

• Component Name: Procurement for Public Sector

• Description: The status of an option that was active and for which the period of performance has expired.

Smart SAP Assistant

• Key Concepts: 
  Finished Component is a term used in the Procurement for Public Sector (PSM-GPR) module of SAP. It is a type of component that is used to represent the completion of a procurement process. The Finished Component is used to indicate that the procurement process has been completed and all necessary documents have been signed off. 
  
  How to use it: 
  The Finished Component is used to indicate that the procurement process has been completed and all necessary documents have been signed off. This component can be used to track the progress of the procurement process and ensure that all steps have been completed. It can also be used to generate reports on the status of the procurement process. 
  
  Tips & Tricks: 
  When using the Finished Component, it is important to ensure that all necessary documents have been signed off before marking it as complete. This will help ensure that all steps in the procurement process have been completed and that no further action is required. Additionally, it is important to keep track of any changes made to the Finished Component so that they can be reflected in future reports. 
  
  Related Information: 
  The Finished Component is part of the Procurement for Public Sector (PSM-GPR) module of SAP. This module provides a comprehensive set of tools for managing public sector procurement processes. It includes features such as budgeting, contract management, and reporting capabilities. Additionally, it provides tools for tracking and monitoring the progress of procurement processes.