What is rule-based account assignment distribution in SAP PSM - Public Sector Management?

SAP Term: rule-based account assignment distribution

• Component: PSM

• Component Name: Public Sector Management

• Description: Rule-based distributions provide automatic line item account assignment and funding splitting for all postings made to specified account assignments. This allows all commitment items entered against these account assignments to be analyzed automatically in relation to the prescribed funding requirements. If necessary, the line item can be split automatically also. This assignment distribution tool is available for purchase ordersPO, purchase requisitions PR, and earmarked fund documents.

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• Key Concepts: 
  Rule-based account assignment distribution is a feature of SAP Public Sector Management (PSM) that allows users to assign accounts to cost objects based on predefined rules. This feature helps streamline the process of assigning accounts to cost objects, as it eliminates the need for manual entry. 
  
  How to use it: 
  To use rule-based account assignment distribution, users must first define the rules that will be used to assign accounts to cost objects. This can be done by creating a rule set, which is a collection of rules that define how accounts should be assigned. Once the rule set is created, users can then assign accounts to cost objects using the rule set. 
  
  Tips & Tricks: 
  When creating a rule set for account assignment distribution, it is important to ensure that all of the rules are clearly defined and easy to understand. This will help ensure that the account assignment process is efficient and accurate. Additionally, it is important to regularly review and update the rule set as needed in order to keep up with any changes in the accounting system or cost objects. 
  
  Related Information: 
  For more information on rule-based account assignment distribution in SAP PSM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_PSM/latest/en-US/f9f8d7a2b3e14c8a9f3d7c2b6f5e4d1a.html