What is incoming grant in SAP (PSM-GM - Grants Management)?

SAP Term: incoming grant

• Component: PSM-GM

• Component Name: Grants Management

• Description: In passthrough funding, the incoming grant is the grant received by the grantee. The grantee then distributes some or all of it to one or more third parties. Compare: outgoing grant.

Smart SAP Assistant

• Key Concepts: 
  Incoming grants are funds that are received from external sources, such as government agencies, foundations, or private donors. These grants are typically used to fund specific projects or initiatives. In SAP Grants Management (PSM-GM), incoming grants are managed and tracked to ensure that the funds are used in accordance with the grantor's requirements. 
  
  How to use it: 
  In SAP Grants Management, incoming grants can be managed and tracked using the Grant Management module. This module allows users to create and manage grant requests, track grant payments, and monitor grant performance. Additionally, users can generate reports to analyze grant performance and ensure compliance with grantor requirements. 
  
  Tips & Tricks: 
  When managing incoming grants in SAP Grants Management, it is important to ensure that all grantor requirements are met. This includes tracking all payments and ensuring that the funds are used for the intended purpose. Additionally, it is important to generate reports regularly to monitor grant performance and ensure compliance with grantor requirements. 
  
  Related Information: 
  For more information on managing incoming grants in SAP Grants Management, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_GRANTS_MANAGEMENT/latest/en-US